Summer is a popular time for minimum wage rate increases that apply to nannies and other household employees. It’s important to check the rate you’re paying a household worker to make sure it is not a wage violation. Rates are on the rise in several states and cities across the country.
A new tax reporting rule on mobile payments – aimed at businesses that underreport their income – may be having an unintended impact on wealthy families. Here’s why and how household employers should respond.
A nanny payroll service can make your life easier by removing the hassles of payday and taxes. But not all services are created equal. Here’s are six considerations to find the right service for your needs.
Child care can be costly but there are a few ways families can cut the expense of child care such as claiming the Child and Dependent Care Tax Credit when they file their personal tax returns. With an expanded credit for this filing season, it is a tax-savings opportunity not to miss.
A household employer in Massachusetts has been ordered to pay nearly $27,000 for violating the state’s wage and hour, overtime, and domestic worker protection laws.
Mobile payment apps like PayPal and Venmo have made financial transactions easy for any number of situations including paying a nanny or babysitter. However, a new tax reporting rule may change all that. Here’s what you and your childcare provider need to know.
Get your free: Complete Guide to Household Payroll
Download our free guide and find out everything you need to know about paying your employee legally and filing your taxes.
.
800-929-9213