
New Clarity on Worker Classification
The new DOL guidance focused on six new factors, but two of them really stood out for domestic workers – economic dependence and permanence.
The new DOL guidance focused on six new factors, but two of them really stood out for domestic workers – economic dependence and permanence.
When a family decides to hire someone to work in their home, they’re frequently doing so for the first time. Whether they’ve just had their first child and need a nanny or they’re hiring someone to take care of an elderly or disabled loved one, the vast majority of Americans have a very limited understanding […]
It's no fun for tax professionals to fix client mistakes during an already busy tax season, so here are a few helpful tips you can pass along to your household employment clients to keep them on the right path year-round.
If you have household employment (a.k.a. “nanny tax”) clients, you know how much extra work goes into making sure their taxes are in order. For those unfamiliar with this part of the tax code, household employers have a “Casual Babysitting Exemption” when they pay an individual less than $1,900 in a calendar year. However, once they cross that threshold, they have employer tax withholding and reporting obligations at the state and federal levels (IRS Publication 926).