Whether a senior caregiver is governed by Federal and State minimum wage and overtime laws hinges on two key elements. Who is the employer? What are the duties in the senior companion caregiver job description? Employment law, wage and hour law, and payroll tax requirements for privately employed companion senior caregivers (whether direct hire or… Read more »
Families of aging seniors are confronted with many choices as they navigate options to help maintain a healthy and productive life for elderly family members. Home safety, medication management and transportation are key concerns for every family facing the naturally changing capacities seniors face as they age. In fact, according to the Congressional Budget Office,… Read more »
Nanny tax rules, household employment rules, wage and hour law, and payroll tax requirements are governed by a complex assortment of Federal, state, and local rules and legislation. HomeWork Solutions has assembled easy to understand, state specific tip sheets to save you hours of online research! Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District… Read more »
Nanny tax rules, household employee rules, wage and hour law, and payroll tax requirements are governed by a complex assortment of Federal and state rules and legislation. HomeWork Solutions has assembled easy to understand, state specific tip sheets to save you hours of online research! COVID-19 Update: Through 31 December 2020, the federal government requires… Read more »
Household employers file and pay the exact same employment taxes as commercial employers do. The IRS established the Form 1040 Schedule H in 1995 to simplify and streamline the household payroll tax reporting. Often times, however, the household employer or their CPA are confused about the proper reporting and begin filing quarterly form 941 for… Read more »
Late payment of employment taxes will trigger penalties and interest charges to the taxpayer. The notices for an IRS late tax penalty are next to impossible to decipher. Statute of Limitations on IRS Interest and Penalty Calculations There is NO statute of limitations on the failure to file and report payroll taxes (Social Security, Medicare,… Read more »
Mileage Reimbursement Rate Most families refer to the IRS guidelines to calculate mileage reimbursement rate for the business use of her personal vehicle. This will include such things as transporting your loved ones to/from activities, errands, shopping, etc. It does not include the employee’s commuting mileage to/from their home to their place of employment. Employee… Read more »
