Mar 22, 2024 | Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws
Calculating nanny taxes is an important step when hiring an in-home caregiver for your children. It’ll help you understand your total budget for childcare beyond just the wages you’ll pay your nanny. Here’s what you need to know.
Jan 21, 2020 | Household Payroll & Taxes, Tax & Wage Laws
Hired a nanny or someone else to work in your home? You may have a household employment tax obligation and need to file Schedule H with your personal tax return. Here is everything you need to know including when you need to file, how to prepare, and more.
Jul 5, 2019 | Hiring an Employee, Tax & Wage Laws
For families hiring a nanny or other employee to work in their home for the first time, the idea of nanny taxes may seem confusing or complex. Even experienced household employers could use a refresher. Understand your basic responsibilities as a household employer and get in the good graces of the IRS and your state tax agency.
Jun 14, 2019 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws
Whether you fired your nanny on the spot or had an amicable split, they may file for unemployment compensation. Household employers have unemployment-related responsibilities during a nanny’s employment and after their termination. Here’s what you need to know when your nanny files for unemployment.
Mar 19, 2019 | Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws
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.