With complex tax, wage, and labor laws, there is a lot that goes into paying your nanny. Rather than take on the stress and burden of paying your nanny legally, not to mention the time involved, many families sign up with a nanny payroll service. Here’s how to find the best nanny payroll services to make sure your nanny is paid legally and compliance is taken care of.
What can you expect to pay in taxes when you hire a nanny? While all household employers pay taxes to the IRS, your total nanny tax obligation will depend on your state. We break it all down so you can understand how much you may pay in nanny taxes.
Providing pre-tax health benefits to your nanny can come at virtually no cost to you. Here’s how it works when offering your employee a QSEHRA to cover their health care costs.
Finding a nanny is one of the most significant (and maybe toughest) decisions you will make as a parent of young children. The hiring process can be stressful and, at the same time, exciting. While it’s important to know where to find nannies for your job, focusing on “the how” will help you hire the ideal caregiver for your children.
Welcoming a newborn into your family is a joyous occasion. It also comes with significant responsibilities, such as ensuring your infant’s health and properly using your health care benefits. Here are answers to seven important questions about your newborn’s health coverage.
A DCAP is an employer-sponsored program that helps you with the cost of dependent care expenses. Here are the costs that are eligible and ineligible for reimbursement under these types of plans.
Employing a senior caregiver for an elderly loved one could mean you’re now in charge. There is more work involved for you but you now have more control of their hiring and employment.
You have a few options to pay your nanny taxes. While the main point is to actually remit the proper amounts, some methods may be more advantageous for you to avoid underpayment tax penalties. Here is the best way to pay your nanny taxes.
It’s that time of year again for many minimum wage rates to increase. Now is a good time to check the hourly rate you’re paying a nanny, senior caregiver, or housekeeper and make sure it’s still compliant with the law.
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