It’s that time of year again. Here’s what you need to know if employed someone to work in your home last year and how to file your nanny taxes in 2021.
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.
This may come as a surprise to some household employers but, yes, your nanny needs a W-2 at the end of the year. It’s the law. Ignoring this can land you in a heap of trouble with federal and state agencies. We’ll help you rectify this mistake.