Did you know? As a household employer, if you pay cash wages of $1,900 (2014) or more to your employee – whether it’s a nanny, senior care worker, or any other household employee – you must withhold Social Security and Medicare taxes. If you employ a...
Hiring Household Employees If you are hiring a temporary nanny or other household employee, it’s important to understand you have hired an employee and not an independent contractor. The single most important factor in determining your worker’s status is the...
Are you hiring a summer nanny to care for your children? Or will you be taking advantage of the many day camp options available during the summertime school break? While temperatures and extra expenses seem to escalate quickly during the summer months, the IRS has...
Many household employers mistakenly assume that because the employment of domestic work is within their own home, they are unlikely to get caught paying their employee illegally. Because there is a long history of household employment being paid in this way, many...
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...