If a household worker, such as a nanny or housekeeper, earns $2,100 or more in cash wages in 2018, Social Security and Medicare taxes, commonly referred to as “nanny taxes,” must be paid by the family and the employee.
It is very important that an employer knows the difference between worker classifications, so that taxes are filed properly and you can avoid the penalties for misclassifying your domestic worker.
A revised form I-9 is coming soon from the U.S. Citizenship and Immigration Services (USCIS). Beginning on September 18, 2017, all employers – including household employers – must use the revised form.
There are several cities and states with minimum wage increases effective July 1, 2017. Household employers should make sure they are complying with these increases.
New York State employers — including household employers — will be required to provide paid family leave to their employees beginning January 1, 2018. Here’s everything you need to know about this new program.
Get your free: Complete Guide to Household Payroll
Download our free guide and find out everything you need to know about paying your employee legally and filing your taxes.
.
800-929-9213