8 Step Guide to Getting Your 2020 Nanny Taxes Done
It has been quite the year, to say the least. And you still have one more task to knock off your to-do list … 2020 nanny taxes. If you are a new household employer and taking on nanny taxes for the first time, this quick step-by-step guide will take you through the...
Draft of 2020 Schedule H Reconciles FFCRA Paid Leave and Tax Credits
Last month, the IRS released a draft version of the 2020 Schedule H. As expected, the draft includes several new lines to reconcile the paid leave provisions outlined in the Families First Coronavirus Response Act. Household employers are required to provide paid...
Nanny Tax Threshold Increases for 2021
The Social Security Administration recently released next year’s Employment Coverage Threshold for household employees. The 2021 nanny tax threshold increases by $100 to $2,300. If a nanny or other household employee like a housekeeper, private teacher, or...
What Should You Do if You Get an Unemployment Notice?
You had to let your nanny go and they filed for unemployment. Now you have received an unemployment notice from your state labor agency. You have not been through this before and are unsure what to do. The notice says something about “notice of potential charges” or...
