
Household & Private Employment Changes For 2024
Every year Old State Staffing prepares a summary of new or updated employment tax laws and benefit information for employers of household or private staff employees. Household Employee 2024 Wage Base The IRS annually reviews, and adjusts as necessary, the wage payment threshold that requires families and private employers to pay Social Security and Medicare taxes. These tax withholdings are reported annually on a W-2. This threshold will increase to $2,700 for 2024. Minimum Wage Increases Minimum wage under federal law was raised in 2009 and remains at $7.25/hr, but states and local governments continue to set and increase minimum wage requirements at the local level. Governments are recognizing the need to ensure household and
















