tag:blogger.com,1999:blog-196060042009-06-24T09:58:37.531-05:00Periodic updates, alerts, and food for thought from HomeWork Solutions Inc, the nation's premier provider of nanny payroll and tax solutions to individual employers, CPAs and trust companies.Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.comBlogger185125blogspot/NAUPhttp://feedburner.google.comtag:blogger.com,1999:blog-19606004.post-70611678757411083972009-06-23T14:48:00.007-05:002009-06-24T09:58:37.541-05:00

What are my tax responsibilities with a temporary nanny hired just for the summer? She will only work for us for 8 or 9 weeks.Any individual whom you employ to provide services in your home whom you pay directly AND whose total payments in the calendar year meets the IRS household employment threshold ($1700 in 2009) must receive a W-2 from the employer (family) and the employer must pay the

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-32719019535555520782009-06-10T13:39:00.001-05:002009-06-10T13:53:40.425-05:00

14 states, faced with empty unemployment fund coffers, have borrowed from the Federal government's unemployment trust fund (funded by FUTA taxes) as of the end of May. More are expected to by summer end. Outstanding trust fund loans currently total over $9 billionAccording to Wayne Vroman, an economist at The Urban Institute, the current recession is more severe than the 2001 and 1991 periods,

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-46649161701080756032009-06-08T11:10:00.002-05:002009-06-08T11:24:22.500-05:00

Finally, someone gets it! In an editorial published Friday, June 5, Niger Innis of the Congress for Racial Equality (CORE) takes on the real harm caused by nanny tax cheating.Failure to pay the nanny taxes costs the US Treasury $5 Billion a year in uncollected revenues - revenues desperately needed to advance President Obama's ambitious agenda, including universal health care.Brought down to the

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-45061528470866873762009-06-04T09:52:00.002-05:002009-06-04T10:02:16.723-05:00

I wrote last month that many states, facing huge budget shortfalls, were considering increases to many taxes, including income taxes. California and Arizona enacted income tax increases effective May 1. New York also increased income taxes in the highest income brackets.CNN reports today that there are $24 billion in state tax increases being considered. States are being squeezed by a record drop

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-10750171597795387002009-06-02T10:40:00.004-05:002009-06-04T10:02:59.031-05:00

HomeWork Solutions has advised clients for years to thoroughly reference check and background check any household employees, and most especially nannies and employees who will work with children or disabled adults.Greenwich CT police recently issued the same warnings. A Brazilian nanny is accused of being a one-woman crime spree, moving from home to home as a nanny and stealing something from

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-58807665261092281272009-06-01T13:35:00.003-05:002009-06-01T13:54:36.272-05:00

NannyPalooza is the annual conference of the National Association for Nanny Care. This conference provides nannies an outstanding opportunity to develop professionally and network with their peers. Many nannies work in special situations - with multiples, for divorced parents, with children with special needs just to name a few. This is a unique opportunity for the nanny to network with

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-80905341236813361672009-05-22T09:13:00.001-05:002009-05-22T09:13:01.164-05:00

President Obama campaigned with a promise of comprehensive immigration reform legislation in his first year in office. On Wednesday, Senator Chuck Schumer (D-NY) got the ball rolling.Immigration reform stalled in 2006-2007 over objections to lax border enforcement. Sen. Schumer is pointing to a 27% drop in apprehensions along the US-Mexican border as evidence that the border is now secure, and

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com1tag:blogger.com,1999:blog-19606004.post-21799161423894356612009-05-21T08:44:00.000-05:002009-05-21T08:44:00.389-05:00

State budgets are strained to the breaking point, and many governors and state legislatures are proposing, or have enacted, state tax hikes to avoid essential service cuts.According to CNNMoney.com, 16 states have enacted tax increases this year, and another 17 are considering proposals.Already this spring, Arizona and California mid-year tax hikes have caused nanny employers additional record

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-35859672281536151062009-05-20T17:56:00.003-05:002009-05-27T11:56:02.673-05:00

Washington, D.C. (May 18, 2009) - The National Association for Nanny Care, an umbrella organization serving all those working in the nanny care industry, will present the teleworkshop Welcome to Camp Nanny on Sunday, May 31st from 8 to 9 PM EST. This workshop is free and open to the public. Welcome to Camp Nanny is designed to help caregivers plan fun, educational, and inexpensive summer

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-46359220938065403852009-05-11T11:57:00.005-05:002009-05-11T12:21:38.970-05:00

The Economic Stimulus Act, passed in February 2009, significantly lowered the income tax withholding rates for lower income U.S. workers. Why? The new tax rates are calculated assuming the worker will receive the new Making Work Pay tax credit, and the new rates "pre-pay" the credit in the form of lower income tax withholding.Non-resident aliens, non-citizen individuals who are legally authorized

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-55215786510088993112009-04-30T11:00:00.002-05:002009-04-30T11:00:02.253-05:00

Source: Bureau of National AffairsAmnesty Programs ProliferateMost state governments are facing record revenue shortfalls, and tax amnesty is in vogue. Seven states are currently offering either amnesty or voluntary disclosure programs for taxpayers. Under these programs, taxpayers disclose any taxes they owe, and part or all of the penalties are waived. Interest payments may be reduced under the

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-64834348380177215052009-04-29T11:59:00.000-05:002009-04-29T11:59:01.701-05:00

The 4nannytaxes.com online tax calculators have been updated to reflect the recent increases in the state income tax rates in California and Arizona. The Arizona Senate Bill 1185 requires that employers begin withholding at the new rates no later than the first payroll issued in May 2009. Be forewarned - these rates will change again January 1 2010.Important: Arizona Tax Amnesty Program will run

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-16424181226801607532009-04-27T08:33:00.008-05:002009-04-27T11:37:28.948-05:00

Moving a little off topic today...I am sincerely wondering "What was Apple Computer thinking?" Presumably iPhone apps are developed by intelligent people? Who in their right mind develops, and then who reviews a program and approves for sale, an application that suggests that violently shaking a baby is a solution to a crying baby? This is beyond stupid!I challenge Apple to fund an educational PR

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com1tag:blogger.com,1999:blog-19606004.post-23430865937110025802009-04-14T05:50:00.000-05:002009-04-14T05:50:01.239-05:00

New Mexico Governor Bill Richardson recently signed a wage enforcement bill (H 489) to allow underpaid workers to collect their back wages plus twice that amount in damages. These workers are suing for under-compensation due to either minimum wage or overtime violations, or both. New Mexico is the 8th state to recently enact this type of legislation. We previously noted that federal priorities

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-78725917647829812422009-04-06T08:32:00.003-05:002009-04-06T08:43:20.312-05:00

Actor Robert DeNiro and his wife Grace Hightower are the players in the most recent high-profile lawsuit by a former nanny alleging that she was not properly compensated for overtime while in their employ.Nanny compensation is covered by the Fair Labor Standards Act. The FLSA governs such items as minimum wage and overtime payment rules. These rules apply to any domestic - whether working as a

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-72844278530484646242009-04-02T06:00:00.002-05:002009-04-02T10:36:07.010-05:00

Two-income and married workers, as well as pension recipients, may be underwithheld on income tax in 2009 because of the withholding tax table changes made for the Making Work Pay Credit, reports National Taxpayer Advocate Nina Olson. A sample "Notice to Employees" provided in Publication 15-T said the new tables will reduce withholding and that those employees can modify withheld amounts by

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-68382933648404185362009-03-31T06:00:00.004-05:002009-04-02T10:35:30.721-05:00

(Sterling VA) HomeWork Solutions Inc., a national "Nanny Tax" service provider, announces a new charitable giving initiative to help provide for the nation's neediest during these challenging economic times.The company committed to contribute 1% of all revenues for year ending December 31, 2009 to community food banks across the nation. Kathleen Webb, President of the Sterling VA-based company,

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-33977375587122382082009-03-25T10:05:00.003-05:002009-03-26T08:29:19.323-05:00

Thursday's Wall Street Journal issued a clear and well researched reminder to families that home health aides or elder caregivers employed by the family are subject to the "nanny taxes."The term "nanny taxes" refers to the collective employment taxes (Social Security, Medicare, unemployment insurance) that household employers are obligated to pay when they employ a "domestic" (nanny, housekeeper,

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-32884918005465800252009-03-23T06:00:00.005-05:002009-03-23T06:00:50.307-05:00

An Arkansas couple, in a highly unusual proceeding, was sentenced to jail time for failure to file and pay employment tax returns.Mary I. Miller and her husband, Walter Randall Miller, pled guilty on March 24, 2003 to one count each of conspiring to defraud the United States by failing to file employment-tax returns or pay employment taxes from 1994 to 2002. The couple were both sentenced to five

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com1tag:blogger.com,1999:blog-19606004.post-43409353523574457372009-03-19T06:00:00.000-05:002009-03-19T06:00:39.419-05:00

"The combination of an incoming administration more sympathetic to labor than its predecessor and the continuing economic crisis is likely to result in more aggressive wage and hour enforcement through both regulatory investigation and litigation" reports the Bureau of National Affairs.Wage-Hour Litigation to Grow in 2009Wage-Hour cases arise when an employee or former employee files a grievance

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-61831547830935937112009-03-02T09:56:00.004-05:002009-03-03T13:16:54.086-05:00

The press is abuzz with information on the "Making Work Pay" tax credit of $400 for single tax payers and $800 for couples. New tax tables have been published that reduce your income tax withholding, effective April 1, 2009.Not all nannies, however, will qualify for this credit. That's right, it doesn't apply to everyone! Married nannies with combined family income over $150K or single nannies

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-69853713376182072432009-02-27T06:00:00.001-05:002009-02-27T06:00:01.159-05:00

2009 Stimulus Plan Federal Withholding Rates AvailableThe HomeWork Solutions' Nanny Tax Calculator is updated to reflect the new Federal income tax withholding rates that become effective April 1, 2009.The new withholding rates will be automatically implemented for HomeWork Solution's full service payroll clients (NaniPay) and no action is needed by these clients. NaniPay clients have their

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-60408024570100015352009-02-24T06:00:00.000-05:002009-02-24T06:00:03.881-05:00

President Obama announced over the weekend that the new Federal income tax rates reflecting the $400/person tax cut in the stimulus bill, will become effective April 1, 2009.HomeWork Solutions will have the new rates available on our website's Nanny Tax Calculator no later than Friday February 27, 2009. A nanny's Federal income taxes will go down approximately $10/week on average through December

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-71512323306788665712009-02-17T15:04:00.003-05:002009-02-17T15:10:33.063-05:00

We are already being asked for specifics on the stimulus package and how it will change payroll withholding and the ink isn't dry yet on President Obama's signature!The key provision, Making Work Pay, is a $400 per person/$800 per family tax break that is intended to increase the size of your paycheck NOW to help stimulate the economy. There are income limitations, but most nannies will be

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0tag:blogger.com,1999:blog-19606004.post-29122685353736352712009-02-10T07:00:00.003-05:002009-02-19T12:05:27.333-05:00

Identity thieves posing as the Internal Revenue Service are sending spam emails promising government economic stimulus packages. They prompt the user to download an attachment and fill in their personal information for the IRS to send their check. On popular social networking sites frequented by nannies such as Facebook, advertisers are promising 'economic stimulus grants.' All you need to do

Kathleen Webbhttp://www.blogger.com/profile/01915361443110987132noreply@blogger.com0