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So far NannyPay has created 49 blog entries.

Minimum Wage Requirements Remain Varies in Absence of Federal Action

The federal minimum hourly wage of $7.25 was last changed in 2009, but some states and cities have established their own wage and benefit requirements in the absence of federal action. The establishment of city and county minimum wage requirements have led some states to try to curtail those local requirements to avoid a patchwork of requirements across the same state. The first $15 statewide hourly minimum wages were signed into law earlier this month by California and New York, but increase the hourly rate gradually over the next few years to $15. Several California cities had already enacted $15 [...]

By |April 26th, 2016|Uncategorized|0 Comments

New Employers Should Continue to Use “EXPIRED” Form I-9

The US Citizenship and Immigration Service (USCIS) has announced that employers should continue to use the present Form I-9, the Employment Eligibility Verification form, even thought the Budget Office control number on that form shows an expiration date of March 31, 2016. USCIS stated that the old form remains effective until a new form is issued. All employers, including household employers of nannies and other domestic help, must complete a Form I-9 for newly hired employees to verify their identities and their right to work in the U.S.

By |April 22nd, 2016|Tax Reminders, Tips|0 Comments

Family Caregivers and the “Nanny Tax”

If you hire a nanny or elder caregiver to care for your child or aging parent, you probably already know that the law generally considers this person your employee and you will need to withhold and pay the "Nanny Tax" for this person, which more specifically is social security and Medicare employment taxes. Caregivers are typically employees of the individuals for whom they provide services because they work in the homes of the family and the family has the right to tell the caregivers what needs to be done. But what if these services are provided by a family member? [...]

By |April 20th, 2016|Hiring, NannyPay, Tax Reminders|0 Comments

W-2 Household Employer Obligations

IRS Directly Receives Some 21 Million W-2s This Year in Effort to Fight Tax Fraud Household employers should know they are obligated to file Forms W-2 and W-3 concerning wages paid to their nannies with the Social Security Administration, and not with the IRS. Nevertheless, some large payroll providers are participating in a pilot program by which some 21 million employees’ W-2s were provided this year directly to the IRS, in addition to the SSA, in an effort to assist the IRS in detecting tax fraud based upon refunds claimed on false individual income tax returns with improperly obtained or [...]

By |March 16th, 2016|Tax Reminders|0 Comments

When the Nanny Leaves: Paid Time Off

Paid Time Off Reminder Employers are responsible to pay accrued vacation and sick time when a nanny leaves. Vacation pay, holiday and sick time, also known generally as Paid Time Off or PTO, is a common benefit provided by household employers to their nannies and other domestic help. It is important, however, to clarify in writing at the start of the employment relationship how much PTO a nanny gets, how and when it may be used and, most importantly, how PTO is accrued during the year (e.g., all at once or pro rata over the year). Although some states’ labor [...]

By |March 9th, 2016|Tax Reminders|0 Comments

A Scheduling Nightmare Averted

Let's face it we're all busy, in fact most of us are too busy for our own good. When it comes down to it juggling not only a work schedule but family and individual child schedules it is not easy. It should come with a user manual or a how to for working parents with kids in school and after school activities and a nanny. Keeping an accurate, synced and organized calendar is something to shoot for and we want to help. So how do organized families keep it all straight? We turned to the internet for these two answers [...]

By |February 25th, 2016|Tips|0 Comments

Reminder: 2015 Forms W-2

Household employers were required to provide their employees a Form W-2 for wages paid to them in 2015 by February 1st.  If you haven’t already done this yet, you should so so immediately. Paper filers are reminded that Copy A of all your Forms W-2, along with a Form W-3,  by February 29th.  If you miss that deadline for some reason, you can file electronically by March 31st and still not be considered late. This will be the last tax year in which the IRS will offer this “electronic filing extension”.  President Obama recently signed legislation that will require all [...]

By |February 25th, 2016|Tax Reminders|0 Comments

Reminder to Update Your Tax Rates

Reminder to Update Your State Unemployment Tax RatesIf you are using NannyPay to withhold employee unemployment insurance (UI) taxes, or to estimate your liability for employer contributions, be sure to update your rates in NannyPay for 2016. Because these rates vary by state and by employer, these are user-configured settings which you must update yourself to reflect any changes in rates for 2016.

By |December 28th, 2015|NannyPay Updates|0 Comments

How to Give Your Nanny a Bonus

Holiday time is approaching and you may be considering offering your nanny or other household employee a cash bonus. You have two options (aside from just giving her the cash), either cut your employee a separate bonus check or include it with their regular payroll. Here's how to pay your bonus using NannyPay2 for each scenario. Scenario 1: You want to give your employee a separate bonus check. Step 1: Make sure you are using the the most recent version of NannyPay2. If you are unsure, click "Check for Updates" under the "NannyPay2" menu (Mac) or the "Help" menu (Windows). [...]

By |November 24th, 2015|Tips|0 Comments

Is That Turkey Taxable?

Are you thinking of providing a gift to your household employee for Thanksgiving? Autumn table setting with pumpkins. Thanksgiving dinner and autumn decoration. If so, you are not alone. A recent survey of employers revealed that upwards of 26% of employers will provide some form of Thanksgiving gift this year to their employees, an historically high percentage. But is that gift taxable? In general, under IRS guidelines, if the value and frequency with which the gift or benefit is provided is so small as to make accounting for it unreasonable or impractical, it’s not taxable. This is what [...]

By |November 18th, 2015|Tips|0 Comments