Mar 23, 2018 | Employing a Nanny, Working as a Nanny
As a nanny or other domestic worker, you may have questions about your employment status and tax obligations. Even if it’s just a temporary placement, it’s important to understanding your (and your employer’s) responsibilities at the beginning of employment....
Feb 22, 2018 | Employing a Nanny, Working as a Nanny
One of the most frequent questions we get asked from our families who are hiring a long-term nanny is how much they should pay them. How much to pay a nanny is something to figure out early in the process, not after you decide to hire someone. This way there are no...
Feb 9, 2018 | Employing a Nanny, Working as a Nanny
Families benefit from legally paying their nannies or other domestic workers by staying compliant with the law and being able to take advantage of tax breaks. But a nanny benefits as well from being paid legally even though they may see a little less in their...
Sep 27, 2017 | Employing a Nanny, Working as a Nanny
Fresh off the recent Equifax breach , the IRS has proposed regulations that may help individuals prevent identity theft when it comes to their W-2s. The proposal would allow truncated Social Security numbers (SSNs) on Form W-2 in the form of Taxpayer Identification...
Sep 22, 2017 | Employing a Nanny
Mistakes or misinterpretations of nanny tax compliance laws can mean IRS audits, thousands of dollars in fines and penalties or an employee lawsuit. Our friends at GTM Payroll Services have created this handy infographic that highlights what you need to do to maintain...
