For families hiring a household employee, figuring out tax obligations and pay rates can be the most complicated parts of the process. That’s where a nanny tax calculator can be a valuable resource.
The short answer is “no.” You can’t pay your nanny a pre-set, flat-salaried amount for all hours worked in a week. You could pay her for guaranteed hours, which is different from a nanny salary. Here’s why.
While no return to the workforce is perfect, these nine steps should make it a little bit easier. And it all starts before you even have your baby.
If you employ a pregnant nanny, you may be required to provide reasonable accommodations so she can continue working. These accommodations may also apply to childbirth recovery and any conditions related to pregnancy or childbirth.
Get started now on preparing your nanny taxes. Here are the steps you (or your accountant) need to take when preparing your nanny taxes.
Finding a senior caregiver isn’t easy. Preparation, budgeting and knowing the right questions to ask are essential to getting it right.
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