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IRS Releases 2021 Contribution Limits
The IRS has released its cost-of-living adjustments, which impact several contribution limits for the 2021 tax year. Here are some of the key contribution limits relevant to household employers.
ICHRA: A New Health Benefit Option for Household Employees
An ICHRA is a new type of HRA that provides tax-free reimbursements for employees and unlimited contributions for employers. Here’s how they work and what it means for families with household help who wish to provide health benefit options.
How to Offer Health Care Benefits to Your Nanny
Offering health benefits to your nanny is an excellent and affordable way to keep your best employees and attract top candidates to your job. There are several options available to meet your and your nanny’s needs. Here’s what is available to you.
Should an Accountant Do My Nanny Taxes? 6 Reasons Why This May Not Be a Good Idea
It may make sense to just hand over your tax and payroll responsibilities to your accountant and let them manage it all. However, there are some considerations before going this route. Here are six reasons why you may want to use a payroll service rather than your accountant to handle your nanny tax and payroll obligations.
22 Nanny Gift Ideas for Any Occasion
As with any gift giving, knowing your nanny’s interests, hobbies, and lifestyle will help you find a gift that will be personal and valued.
