I am surprised that I have not covered maternity leave in the past nine years, as it is a relevant topic that can impact every employer from the beginning of time. In fact, at PayMaster we have had about a dozen employees take time off for maternity or paternity leave over our past 30 years; there were even twins once. The term maternity leave covers an employee who is away from work to care for the addition of a child to their family through birth, adoption or foster care placement, but what does it entail? Eligibility, including whether one is…
Posts tagged as “Child”
While there are many factors to consider when hiring family members, there may be a few advantages from the payroll tax perspective. But, only if you are aware and perform the necessary overrides in your payroll system or notify your payroll service provider. Let’s break this down into the types of family relationships as the advantages are different for each. Parent employs Child – If the child is under the age of 18 and works in their parents business, their wages are not subject to Social Security (OASDI) or Medicare taxes This only if the business is setup a sole proprietorship…