It is 18 days into the New Year and the payroll world has been wild and crazy so far. The mileage rates have changed , the Social Security rates have changed and we are back to paying 6.2% instead of the 4.2% we have been for the past few years. Other changes have been happening as well, our NannyFusion member, HomeWork Solutions keeps us informed with the following articles on things.
10 States Raise Minimum Wage for 2013 For 2013, ten states increased their minimum wage. They are Arizona, Colorado, Florida, Missouri, Montana, Ohio, Oregon, Rhode Island, Vermont and Washington. Additionally the City of San Francisco (CA) minimum wage increased, making it the highest in the nation.
Nannies – Transportation Allowance is TAX FREE to you and your employer! For 2013, an employer can provide a TAX FREE stipend of up to $245 per month to the nanny or housekeeper for commuting on public transportation. This MUST be used for bus, subway, commuter rail or other public transportation – NOT for gas and tolls to commute in a private automobile.
New York Household Employer: Pay Rate Notice Required January 2013 New York State Law requires all private employers to provide written notice to employees of their rate(s) of pay and designated pay day on an annual basis. Notice must be provided between January 1 and February 2 2013. NYS’ FAQ on the Wage Theft Prevention Act specifically states that an employer may not choose another time of the year to provide the notice!
So if you have any questions on the above items feel free to contact HomeWork Solutions via their Facebook page, calling them at 1-800-NANITAX (800-626-4829) or by emailing them. Tell them that you heard about them from today’s Regarding Nannies post.