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Understanding Household Employment

Nanny Tax Threshold for 2016

The Social Security Administration (SSA) announced yesterday that the nanny tax threshold for 2016 will increase to $2,000, up from $1,900 this year. This affects all employers of domestic workers - if you pay your employee at least $2,000 in 2016, you are required to...

IRS Publications for Homeowners

Here is a library of IRS publications for homeowners, covering many issues of concern. Title Publication Number Description Home Mortgage Interest Deduction 936 Includes general information on home mortgage interest, including points, how to report deductible interest...

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Household Employer Digest

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