Understanding Nanny Taxes and What to Pay
Part of the responsibilites of being a household employer is understanding nanny taxes – what they are and what to pay. Use this helpful guide to assist you in complying with nanny tax laws.
Part of the responsibilites of being a household employer is understanding nanny taxes – what they are and what to pay. Use this helpful guide to assist you in complying with nanny tax laws.
While federal and state laws protecting against wage theft and overtime pay often exclude household employees, the crime of wage theft and household employment are not mutually exclusive.
New York’s new rules for paying home healthcare employees now requires that those employees be paid for all hours in a client’s home in a 24-hour period, including sleep and meal periods.
Although paying “off the books” gives the employee more income and saves families from the extra paperwork, it is illegal and can make you liable for unpaid taxes, interest, and penalties. Follow these 14 steps to nanny tax compliance to ensure you are following employment laws.
For household employers, worker classification refers to whether a worker is classified as an employee vs. independent contractor for federal and state employment tax purposes.
The following questions and answers will help ensure household employers know more about the employment of a foreign domestic worker.