More parents may owe “nanny tax” this year, due to COVID-19

In the COVID-19 era, many parents are hiring nannies and babysitters because their daycare centers and summer camps have closed. This may result in federal “nanny tax” obligations. Keep in mind that the nanny tax may apply to all household workers, including housekeepers, babysitters, gardeners or others who are not independent contractors. If you employ […]
A deeper dive into the Families First Coronavirus Response Act
More details have emerged about the Families First Coronavirus Response Act (FFCRA) and how employers need to file for credits related to paying qualified sick and family leave wages or qualified wages. As you know, the FFCRA requires businesses with fewer than 500 employees to provide emergency paid sick and family leave for reasons related […]