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The Moneyist: Our housekeeper does not work when we’re at home due to COVID-19. We still pay her. Could we treat those payments as a ‘gift’ to reduce her income tax?

February 13, 2021 The Market Comments Off on The Moneyist: Our housekeeper does not work when we’re at home due to COVID-19. We still pay her. Could we treat those payments as a ‘gift’ to reduce her income tax?

Dear Moneyist, Due to the 2020 global pandemic my wife and I have been concerned about indoor exposure to others. We are fortunate enough that we can work from home so we are always here, and no one else is allowed in our home. Because of this, we have tried …

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The Moneyist: I didn’t feel well last month and asked my housekeeper to stay home. I am nervous about having her come back. She asked for ‘unpaid wages.’ What should I do?

April 25, 2020 The Market Comments Off on The Moneyist: I didn’t feel well last month and asked my housekeeper to stay home. I am nervous about having her come back. She asked for ‘unpaid wages.’ What should I do?

Dear Moneyist, My housekeeper would like to receive money while she’s not working. She works for me for 4 hours a month, and I pay her approximately $ 120 cash each month. We pay her well, although she is hardly a full-time worker. In fact, she is barely part time. …

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