EIN or SSN: How Should a Household Employer File Employment Taxes?
EIN or SSN? Some household employers mistakenly think they don’t need an Employer Identification Number (EIN) and can just file their employment taxes at the end of the year using their Social Security Number (SSN). This perception comes from bad advice from those who...
Why Does My Nanny Need a W-2?
It’s tax season and one of the most common questions household employers ask is “why does my nanny need a W-2?” The short answer is that nannies are considered employees and not independent contractors under the Fair Labor Standards Act. That means...
How to Avoid Heather Nauert’s Nanny Tax Issues and Protect Your Career
Embed from Getty Images State Department spokeswoman Heather Nauert has withdrawn from consideration as U.N. Ambassador. News outlets are reporting that she employed a nanny who was in the U.S. legally but was not legally allowed to work. The nanny wasn’t paying...
Should an Accountant Do My Nanny Taxes? 6 Reasons Why This May Not Be a Good Idea
You have an accountant. You have nanny tax and payroll obligations. It may make sense to just hand over your tax and payroll responsibilities to your accountant and let them manage it all. They’re the expert, right? Yes, your accountant is probably very good at...
