Families benefit from legally paying their nannies or other domestic workers by staying compliant with the law and being able to take advantage of tax breaks. But a nanny benefits as well from being paid legally even though they may see a little less in their...
The recently enacted Tax Cuts and Jobs Act (TCJA) made significant changes to income tax rates, exemptions, deductions, credits, and more. What does this mean for your family's finances, specifically child-related tax credits? Expansion of Child Tax Credit TCJA...
'Tis the season - cybercriminal activity usually increases during this time of the year, often by using phone and email phishing scams. They try to access your personal information using a variety of tricks and strategies in order to file income tax returns and claim...
Once you’ve found the perfect nanny for your family, you'll want to do all that you can to retain your nanny. After putting a lot of time and effort into finding the right match, you'll want to keep a good employee for as long as possible. Losing one employee and...
We all know that winter causes us to want to hibernate, keep warm, and eat comfort foods. During this season, we eat more and move less, and this includes our children. An estimated 9 million children in the U.S. are not just overweight; they are suffering from...
This time of year we enjoy giving gifts to friends and family, but it's also a time to show our appreciation for the caregivers who look after children on a daily basis. Nannies not only are in charge of the kids but often clean, cook, do laundry, and other chores....
We posted an article about how the upcoming New York Paid Family Leave (PFL) law will affect household employers, but nannies and other household employees may have many questions about how they can use this new benefit. ShelterPoint has put together this handy list...
Fresh off the recent Equifax breach , the IRS has proposed regulations that may help individuals prevent identity theft when it comes to their W-2s. The proposal would allow truncated Social Security numbers (SSNs) on Form W-2 in the form of Taxpayer Identification...
Nearly half of the country’s population was affected by the recent breach of Equifax, the consumer credit reporting agency that collects driver’s license numbers, Social Security numbers (SSN), and credit card numbers. Hackers gained access to the information of 143...
