Caregiver pay is one of those odd employment situations that can be overlooked by many household employees/employers when the work first begins. It’d be nice to think that—with a noble profession like caregiving and with a household that has an obvious need for personal care—things like payroll and income taxes simply don’t apply. But that’s not how it works. In most cases, these payroll and form filing requirements are realized before too long. Whether you’ve just hired a caregiver or you’ve been paying a household worker for some number of weeks or months, don’t worry. Advanced Micro Solutions (AMS) has you covered. Our payroll software offers both Live and After-The-Fact payroll processing.
Talk about Caregiver Pay with Your Employee
We’ll talk more about the software features from AMS in a minute, but the first step is to get on the same page with your new or prospective employee. Here is the hourly wage. Here is the breakdown of the employee payroll and income tax liabilities. And know that you’ll need to kick in the employer half of the 15.3 percent FICA Taxes. By having the employee fill out a W-4, you can also estimate and withhold the employee’s income taxes. In this way, you’ll be able to estimate the employee’s actual take-home pay on an average workweek before the actual start date or initial training period.
Looking for a more comprehensive guide to having this conversation and explaining the details of caregiver pay to your employee? Check out this article from Care.com.
AMS Payroll Software and Form Filing Support
Our Forms Filer platform will already offer the support you need to prepare your basic W-2 employee forms. Our Forms Filer Plus provides a solution for Sch H Form 1040 as well as state-based household employment filings. With our E-File and Software Generated Forms products, you can even take care of all your quarterly and end-of-year filing forms from the comfort and convenience of the home office.
Better yet, AMS Payroll is one of our most popular software modules. This versatile system can handle your week-to-week payroll calculations, multiple paycheck options, and year-to-date totals. This information is then readily transferred to the rest of your household employment forms and filing requirements. Check out this list of payroll support features, as you look to simplify your caregiver pay and household bookkeeping:
- Supports Federal payroll forms such as the 941, 940, 943, 944 and 1040 Sch H. See complete forms list.
- Includes SUI forms for all 50 states, the District of Columbia See complete forms list.
- State and Federal Tax deposit information, as well as disbursements, can be recorded.
- Imports data from QuickBooks, Excel, PeachTree, and Tab-Delimited Text Files.
- Exports data to a Tab-Delimited Text File and/or QuickBooks General Journal.
- Electronically file employer forms.
- Print checks individually or by date range.
- Create an SSN Verification file.
- Automatic saving feature ensures data is never lost.
We make it easy to get started. You can download our free demo accounting software to get a preview of what our solution can do for you. With our responsive customer support, you’ll never have to worry about being unable to leverage our software support. Buy your software online, or talk to Sales and Information at (800) 536-1099.