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Household Employment: 2020 Tax & Labor Law Updates

4.6 (103)

Tom Breedlove

Care.com HomePay

Tuesday, February 25, 2020 | 01:00 PM EDT

  • CPA
  • EA

1.5 Credits

FREE

Subject Area

Taxes

Course Description

When most financial professionals think of household employment, they think of state and federal tax calculations and employment tax filings.  However, Domestic Worker Bill of Rights legislation in a number of states as well as hundreds of state and municipal wage & hour law nuances, have made the labor law side of household employment arguably more complex than the tax side.

Due to recent regulatory changes, families that employ a domestic worker (i.e. nannies, senior caregivers, personal assistants, housekeepers, etc.) have a maze of tax and labor law issues to navigate. Employment tax filings are half of the compliance puzzle. The other half – and where much of the risk is – falls within the labor law and insurance aspects of household employment, which are quite different from those in the commercial employment world. Without expert guidance, families with domestic workers (i.e. nannies, senior caregivers, personal assistants, housekeepers, etc.) will likely make a number of expensive, time-consuming mistakes.  

Tom Breedlove, Director of Care.com HomePay, the country’s leading household employment specialist, will share real-life case studies as well as regulatory updates, insights, and tips to help clients mitigate risk and save money.

Learning Objectives

  • To understand laws and regulations governing domestic employers
  • To identify the key payroll, tax, labor law and insurance compliance issues
  • To discover ways to help families avoid risk and take advantage of tax breaks and non-taxable forms of compensation
  • To gain access to free tools and resources that can add value to your practice
  • To recognize key changes and trends driving household employment

Who Should Attend?

  • CFO/Controller
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Entrepreneurial CPA
  • Finance Director
  • Finance Pros
  • Non Profit Pros
  • Others
  • Senior Accountant
  • Tax Accountant (Industry)
  • Tax Firm
  • Tax Practitioners
  • VP Accounts
  • VP Finance
  • Young CPA

Testimonial

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4.6

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