Feb 17, 2023 | Payroll, Taxes & Labor Laws
With remote and hybrid work arrangements becoming more and more prevalent in the business community, many parents now work from home at least some of the time. Generally, in order to claim any home office tax deductions, you must use the space exclusively as your...
Jan 26, 2018 | Employing a Nanny, Working as a Nanny
‘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...
Sep 27, 2017 | Employing a Nanny, Working as a Nanny
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...
Sep 22, 2017 | Employing a Nanny
Mistakes or misinterpretations of nanny tax compliance laws can mean IRS audits, thousands of dollars in fines and penalties or an employee lawsuit. Our friends at GTM Payroll Services have created this handy infographic that highlights what you need to do to maintain...
Mar 31, 2017 | Payroll, Taxes & Labor Laws
If you are hiring a nanny or other household employee, it’s important to understand your obligations as a household employer. You must file all applicable nanny tax forms, Social Security, Medicare, federal and state unemployment insurances, and income taxes. These...
