Everyday tasks like doing dishes, school pick-up and never-ending laundry can take a huge chunk out of the working day.
Hiring someone to work in your home (think nanny or house cleaner) definitely frees up some time, but it also means you are now considered a Household Employer by the IRS and will need to comply with certain requirements.
Have you hired a household employee or are you planning to? How do you handle payment and IRS reporting for them?
What a great question. Aside from fantasizing about having someone to help with errands, cooking and household responsibilities, I don't have any experience in this area. I'd love to hear how other members are managing this scenario.
Never thought much about it cause I do most of that stuff myself. But you may find the following publications by the IRS useful -
and this booklet by the IRS is a Guide for Household Employers
Hope you find them useful.