The One Big Beautiful Bill Act is a sweeping and ambitious tax package that brings both permanence and change to major areas of the tax code. For household employers and high-net-worth families, here’s a break down of the most relevant provisions and steps you should take now to prepare.
Received an unemployment notice that your employee has filed a claim? Not sure what to do? If you have paid your nanny legally, you have nothing to worry about. Here’s what to do with answers to some common questions.
Whether you fired your nanny on the spot or had an amicable split, they may file for unemployment compensation. Household employers have unemployment-related responsibilities during a nanny’s employment and after their termination. Here’s what you need to know when your nanny files for unemployment.
Navigating taxes after a divorce with children can be tricky. This guide simplifies the rules around claiming dependents, including eligibility requirements and available tax breaks for single parents. Learn who qualifies as the custodial parent and how to maximize your deductions.
Families can take advantage of the Child and Dependent Care Tax Credit to save 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.
Families who want to do nanny taxes the right way but make a mistake can still find themselves in trouble. Here are four easy – but costly – nanny tax missteps with tax, wage, and labor laws even when you’re trying to the right thing.
As Election Day approaches, families may be curious if they are required to provide their nannies and other household employees with time off to vote. The answer is … it depends. Here’s what household employers need to know as well as other considerations when it comes to voting.
The Social Security Administration released next year’s Employment Coverage Threshold for household employees, commonly called the “nanny tax threshold.” If a household employee earns more than this threshold, the family and the employee must pay Social Security and Medicare taxes.
July is a popular month for states and cities nationwide to implement compliance regulations for employers. These often include families with household help like nannies, housekeepers, and senior caregivers. Here’s what household employers need to know.
Household Employer Digest
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