Get Your Nanny Taxes Organized for Tax Season
Owe nanny taxes? Here are six steps plus one bonus piece of advice for organizing your nanny taxes and being prepared when you need to file your return.
Owe nanny taxes? Here are six steps plus one bonus piece of advice for organizing your nanny taxes and being prepared when you need to file your return.
Don’t be fooled! You may need to pay nanny taxes when hiring a senior caregiver. If you’re considered their employer, you’ll need to comply with applicable tax, wage, and labor laws.
When you hire private, in-home senior care, you may become a household employer. While this will give you more control over the employment situation, a number of tax, wage, and legal nuances come along with being an employer.