The American Rescue Plan Act substantially enhanced the Child and Dependent Care Tax Credit renewing interest in this savings on childcare expenses. Wages paid to a nanny qualify for the credit. Here is everything a family with a nanny or other childcare needs to know about claiming this tax credit on their personal tax return.
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.
It may seem easy to pay a flat fee for overnight shifts but that could violate wage laws if it does not cover all hours worked at a legal pay rate. Here’s what you need to know to pay your nanny the right way for an overnight shift or other extra hours.
Paid sick leave laws often include families with household help like a nanny, senior caregiver, or housekeeper. Here’s a look at what is relevant for household employers and how you can comply with these requirements.
New York’s HERO Act Imposes New Employer Requirements to Help Prevent Spread of Airborne Infectious Diseases
The HERO Act requires employers in New York State, including families with household help, to develop safety plans that help prevent the spread of airborne infectious diseases in the workplace.
President Biden is proposing unprecedented funding for the IRS to reduce tax evasion and better conduct audits of wealthy Americans. The administration wants to use money raised from cracking down on tax avoidance to help fund the new social programs of the American Families Plan.