8 Qualities to Look for in a Nanny Payroll Provider
Many families use payroll and tax service providers to handle household payroll when they hire someone to work in their homes like nannies, senior caregivers, and housekeepers. Using a service provider can help save time, remove the risks of getting nanny taxes wrong,...
What Household Employers Need to Know About the New Form W-4
With the changes to tax law brought on by the 2017 Tax Cuts and Jobs Act (TCJA), the IRS has revised the method an employer uses to determine how much federal income tax to withhold from an employee’s paycheck. As part of this overhaul, the IRS released a new...
Do I Need to File Schedule H?
It’s tax season and you’re getting prepared or gathering documents and information to file, or have your accountant prepare, your personal return. You also hired a household employee in the past year and you’re wondering … what is Schedule H and do I need to file it?...
Get Your Nanny Taxes Organized for Tax Season
The clock is ticking but there’s still time to get your nanny taxes organized and ready for tax filing season. Your first deadline is January 31, 2020, so if you haven’t started preparing you should do so now. Here are six steps plus one bonus piece of advice for...
