Jun 7, 2019 | Child Care, Working as a Nanny
One of the most common questions we hear is: “How much will my nanny cost?” There are a lot of considerations that need to be addressed before answering that question. Our partner GTM Payroll Services has put together a thorough list of factors that go...
May 11, 2018 | Employing a Nanny, Working as a Nanny
School will be out soon, and if you’re going to be hiring a nanny to care for the kids during the summer, you might think that since it’s only a temporary job, you don’t need to worry about payroll taxes or even insurance. But those requirements may...
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 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...
Feb 2, 2018 | Employing a Nanny, Working as a Nanny
The recently enacted Tax Cuts and Jobs Act (TCJA) made significant changes to income tax rates, exemptions, deductions, credits, and more. What does this mean for your family’s finances, specifically child-related tax credits? Expansion of Child Tax Credit TCJA...