For families hiring a nanny or other employee to work in their home for the first time, the idea of nanny taxes may seem confusing or complex. Even experienced household employers could use a refresher. Understand your basic responsibilities as a household employer and get in the good graces of the IRS and your state tax agency.
Before your household employee, like a nanny or in-home senior caregiver, begins work, there are some household employment forms that both you and your worker need to complete.
When hiring a nanny, you’ll want to get a complete picture of your financial obligation. Look at all of the costs beyond their wages so there are no surprises that could bust your budget. Here are 11 factors to consider when budgeting for a nanny.
A comprehensive and well-developed nanny job description will help attract the types of candidates you want to interview and ultimately hire the best caregiver for your children.
Installing a nanny cam is common for families hiring an in-home caregiver. Is this legal? Should you tell your nanny? What can go wrong? Get the answers and understand the laws around surveillance cameras in a private home.
This may come as a surprise to some household employers but, yes, your nanny needs a W-2 at the end of the year. It’s the law. Ignoring this can land you in a heap of trouble with federal and state agencies. We’ll help you rectify this mistake.
Download our free guide and find out everything you need to know about paying your employee legally and filing your taxes.
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