{"id":398,"date":"2025-01-06T23:00:00","date_gmt":"2025-01-06T23:00:00","guid":{"rendered":"https:\/\/s37407.p1377.sites.pressdns.com\/homepay\/homepay-service-fee-and-tax-collection-schedule\/"},"modified":"2025-01-06T17:29:36","modified_gmt":"2025-01-06T17:29:36","slug":"homepay-service-fee-and-tax-collection-schedule","status":"publish","type":"post","link":"https:\/\/www.care.com\/hp\/homepay-service-fee-and-tax-collection-schedule\/","title":{"rendered":"HomePay service fee and tax collection schedule"},"content":{"rendered":"\n
By using HomePay for your household employment needs, you\u2019re offloading the tax, payroll and compliance responsibilities for your nanny or caregiver to us. However, one of the responsibilities you have is making sure your account is funded when it\u2019s time for us to make tax payments to the IRS, make tax payments to the state and collect fees for using our service. <\/p>\n\n\n\n
We will always email you well in advance of any collection date so you know how much we need to debit from your account and when that debit will occur. But we also want to be completely transparent with what we\u2019re doing, so please bookmark the schedule below so you can feel prepared for the 2025 tax year.<\/p>\n\n\n\n
Note:<\/em> Not every state follows the exact schedule below. Don\u2019t worry \u2014 we\u2019ll email you before each debit!<\/p>\n\n\n\n January 7: <\/strong>We\u2019ll collect our service fee if your HomePay account was active in October, November or December of 2024.<\/p>\n\n\n\n January 8: <\/strong>We\u2019ll collect the Social Security, Medicare and federal income taxes withheld from your employee from September through December of 2024. We\u2019ll also collect the Social Security, Medicare and federal unemployment taxes you owe as a household employer during this same time period. These taxes make up the fourth estimated tax payment for the 2024 tax year and are generally more than the other 3 collection periods because it comprises 4 months of activity.<\/p>\n\n\n\n January 15: <\/strong>We\u2019ll collect the state unemployment insurance taxes you owe and the state income taxes withheld from your employee from October through December of 2024. We\u2019ll send these taxes to your state along with a corresponding state tax return.<\/p>\n\n\n\n February 6: <\/strong>We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for January.<\/p>\n\n\n\n March 6: <\/strong>We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for February.<\/p>\n\n\n\n April 7: <\/strong>We\u2019ll collect our service fee if your HomePay account was active in January, February or March.<\/p>\n\n\n\n April 8: <\/strong>We\u2019ll collect the Social Security, Medicare and federal income taxes withheld from your employee from January through March. We\u2019ll also collect the Social Security, Medicare and federal unemployment taxes you owe as a household employer during this same time period. These taxes will be sent to the IRS as your first estimated tax payment of 2024.<\/p>\n\n\n\n April 15: <\/strong>We\u2019ll collect the state unemployment insurance taxes you owe and the state income taxes withheld from your employee from January through March. We\u2019ll send these taxes to your state along with a corresponding state tax return.<\/p>\n\n\n\n May 7:<\/strong> <\/strong>We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for April.<\/p>\n\n\n\n June 5: <\/strong>We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for May.<\/p>\n\n\n\n June 6: <\/strong>We\u2019ll collect the Social Security, Medicare and federal income taxes withheld from your employee during April & May. We\u2019ll also collect the Social Security, Medicare and federal unemployment taxes you owe as a household employer during this same time period. These taxes will be sent to the IRS as your second estimated tax payment of 2024.<\/p>\n\n\n\n July 8:<\/strong> We\u2019ll collect our service fee if your HomePay account was active in April, May or June.<\/p>\n\n\n\n July 16:<\/strong> <\/strong>We\u2019ll collect the state unemployment insurance taxes you owe and the state income taxes withheld from your employee from April through June. We\u2019ll send these taxes to your state along with a corresponding state tax return.<\/p>\n\n\n\n August 7:<\/strong> We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for July.<\/p>\n\n\n\n September 5:<\/strong> We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for August.<\/p>\n\n\n\n September 8: <\/strong>We\u2019ll collect the Social Security, Medicare and federal income taxes withheld from your employee from June through August. We\u2019ll also collect the Social Security, Medicare and federal unemployment taxes you owe as a household employer during this same time period. These taxes will be sent to the IRS as your third estimated tax payment of 2024.<\/p>\n\n\n\n October 7:<\/strong> <\/strong>We\u2019ll collect our service fee if your HomePay account was active in July, August or September.<\/p>\n\n\n\n October 16:<\/strong> We\u2019ll collect the state unemployment insurance taxes you owe and the state income taxes withheld from your employee from July through September. We\u2019ll send these taxes to your state along with a corresponding state tax return.<\/p>\n\n\n\n November 6:<\/strong> We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for October.<\/p>\n\n\n\n December 5:<\/strong> <\/strong>We\u2019ll collect our service fee if you\u2019re on our monthly billing schedule for November.<\/p>\n\n\n\n If you have questions about any of these collection dates, just reach out to us and we\u2019ll be happy to clear them up for you.<\/p>\n","protected":false},"excerpt":{"rendered":" Tax collection and service fee collection schedule for HomePay clients<\/p>\n","protected":false},"author":1478,"featured_media":399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"enable_toc":false,"care_post_updated_flag":false,"care_updated_date":"2025-01-06 23:00:00","last_update":"2025-01-06","view_count":15818,"footnotes":""},"categories":[1],"tags":[],"member-type":[2],"vertical":[3,364],"platform":[11],"acf":[],"created":"2020-12-01","_links":{"self":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts\/398"}],"collection":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/users\/1478"}],"replies":[{"embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/comments?post=398"}],"version-history":[{"count":9,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts\/398\/revisions"}],"predecessor-version":[{"id":3407,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts\/398\/revisions\/3407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/media\/399"}],"wp:attachment":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/media?parent=398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/categories?post=398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/tags?post=398"},{"taxonomy":"member-type","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/member-type?post=398"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/vertical?post=398"},{"taxonomy":"platform","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/platform?post=398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}2025 HomePay Tax and Fee Collection Calendar<\/h2>\n\n\n\n