A CPA’S GUIDE TO HOUSEHOLD EMPLOYMENT COMPLIANCE

4.7 (624)

Trevor Sparks, Bachelor of Science in Broadcast Journalism

GTM Payroll Solutions

  • CPA
  • EA
  • CTEC
  • TAX PROS
  • AFSP

Credits: 1 CPE | 1 CE

FREE

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

1 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

1 CE credit of Federal Tax Law for 2021 Annual Filing Season Certificate program( IRS Approved : GEHNZ )

1 CE credit of Federal Tax for Oregon Tax Preparers

1 CE credit of Federal Tax for Maryland Tax Preparers

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

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Before starting this self study program, please go through the instructional document.

Overview

  • Understanding of nanny tax threshold, FICA taxes, and employee v. independent contractor4 mins
  • Information on hiring senior care, IRS Form I-9, household employer tax responsibilities11 mins
  • Key details about household employee tax responsibilities, domestic workers bill of rights, minimum wage, and overtime pay14 mins
  • Important information on live-in domestic workers, companionship care exemption, and paid sick and family leave24 mins
  • Details on workers' compensation, domestic worker on company payroll, and benefits of being compliant38 mins
  • Various details on form 941, record keeping and reporting, dependent care tax breaks, and senior care cost reductions42 mins

Course Description

Can you identify compliance issues that may arise with your clients who employ household employees like nannies, housekeepers, and in-home senior caregivers? Understand what defines household employment, employer responsibilities and the regulations that surround domestic workers so you can help keep your clients compliant with tax, wage, and labor laws.

Learning Objectives

  • Understand employer and employee tax responsibilities when a family hires someone to work in their home.
  • Discover why properly classifying a household worker is a critical first step to employment compliance.
  • See how lack of workers' compensation insurance can be the costliest mistake a household employer can make
  • See how lack of workers' compensation insurance can be the costliest mistake a household employer can make

Who Should Attend?

  • Tax Practitioners
  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • CPA - Large Firm
  • Accounting Firm
  • Tax Pros
  • Tax Firm
  • Accounting Practice Owners

Testimonial

4.7

(624)
74%
21%
4%
1%
0%

CP

Excellent course presentation. However the poll questions and answers were not clear. Note I am a retired IRS Revenue agent with over 33 years in the exam division. This truly was a good course.

SF

great

MD

Awesome!

RM

Very thorough and to the point. He also provided examples, which made it easier to understand. Went through alot in such a short amount of time, but I surprisingly didn't get lost at all. Great job!

BM

Love what I learn from these courses. Only needed the CPE but the information is great!

SR

Anyone should watch this that uses nannies, babysitters and care takers. Very well done and highly recommend for accountants and non-accountants!