Home Office Tax Deduction for Domestic Employers
There is an option that makes it simpler for qualifying taxpayers to include a home office tax deduction. The IRS announced a simplified option that many owners of home-based businesses and some home-based workers may want to use to figure their deductions for the...
Life Insurance for Domestic Workers
Some employers offer life insurance for domestic workers. The main purpose of life insurance is to provide a death benefit to the nanny’s (or other household employee) dependents or beneficiaries, in order to help replace lost income and protect against the...
Hiring a Senior Caregiver: Using an Agency
Hiring a senior caregiver can be just as important for a household employer as hiring a nanny; you are trusting the safety and well-being of a loved one to a stranger. Using an agency to hire a caregiver can help ease some concerns. When working with an agency, ensure...
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