What Families and Nannies Need to Know about Worker Classification
Independent contractor or employee? Worker classification is an important first step in the professional relationship between family and nanny. So it’s critical to get it right. What is the difference between an independent contractor and an employee? An...
Use a Nanny Tax Calculator for these 5 Helpful Tasks
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. Here are five helpful ways to use a nanny tax calculator. 1. Estimate...
2019 Nanny Tax Threshold Remains Unchanged
The Social Security Administration recently released its 2019 nanny tax threshold. Next year’s coverage threshold for household employees remains at $2,100, which is unchanged from 2018. If a nanny or other household employees like a housekeeper or an in-home...
Do I Need to Pay Taxes on an After-School Nanny?
Your kids are back in school and you’ve hired an after-school nanny for a few hours each day. She meets the kids off the bus, prepares snacks, starts them on homework, and maybe even helps with getting dinner ready. You pay your after-school nanny in cash on Fridays...
