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...
May 19, 2017 | Employing a Nanny, Working as a Nanny
While household employees are often excluded from federal and state laws protecting against wage theft and overtime pay because of the limited number of employees within the home/ business, the crime of wage theft crimes and household employers are not mutually...
Mar 31, 2017 | Payroll, Taxes & Labor Laws
If you are hiring a nanny or other household employee, it’s important to understand your obligations as a household employer. You must file all applicable nanny tax forms, Social Security, Medicare, federal and state unemployment insurances, and income taxes. These...