ElderCarePay(TM), First Software Product for Eldercare Employers, Is Now Available

September 2006

PHILADELPHIA - Sept. 7, 2006--As the first wave of baby boomers turns 60, eldercare issues are facing an increasingly wider segment of the United States population. Now, a new software product is available for household employers of eldercare givers or providers. ElderCarePay(TM) is the first software product specifically designed for eldercare employers.

A free 30-day trial of ElderCarePay is now available for download at http://www.ElderCarePay.com.

With the older population in the U.S. on the rise, the need for ElderCarePay is greater than ever. In 2005, the U.S. Department of Labor statistics estimated that the number of people in older age groups, with much greater than average health care needs, will grow faster than the total population by 2014. Home health care, nursing and residential care will increase rapidly as life expectancies rise and as aging children - who are less able to care for their parents - rely more on professional care.

Essentia Software Corporation, the innovator of NannyPay(R), the successful payroll software product for household employers, has created ElderCarePay to meet the specific needs of household employers of nurses, nurses' aides, and other domestic employees.

ElderCarePay calculates Federal and state payroll withholding taxes (and supports all 50 states). This dynamic new software also generates withholding and liability reports, and prints Forms W-2 /W-3, and Schedule-H (Household Employment Taxes).

Designed for simple setup and use, ElderCarePay boasts robust payroll features that ease the burden for household employers of eldercare givers. The software handles multiple employees, and prints a basic plain paper pay stub or payroll checks.

In addition to its payroll features, ElderCarePay also includes a comprehensive Employer's Guide. Written by experts with first-hand experience in understanding and complying with the tax laws applicable to eldercare employers and their employees, ElderCarePay's Employer's Guide outlines four easy steps to get users started on their way to tax compliance. As an added convenience, ElderCarePay includes all relevant Internal Revenue Service forms, and an extensive reference source of state tax agencies.

Unlike competing payroll services or business payroll software (many of which cost upwards of $395 or more a year), an annual subscription for ElderCarePay costs only $147.95 per year. Included with the license is access to all tax table and software updates for the full one-year subscription period. A free 30-day trial of ElderCarePay is now available for download at http://www.ElderCarePay.com.

For those who find themselves too busy to set up their own household payroll system, Essentia Software also offers a setup service. For a one-time fee of $99.95, Essentia Software will configure the software for the household employer and one employee. Setup for each additional employee is a one-time charge of $50.00 each.

The Payroll & HR Press Releases page is sponsored by Midland HR & Payroll Solutions

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