EIN or SSN: How Should a Household Employer File Employment Taxes?
EIN or SSN? Some household employers mistakenly think they don’t need an Employer Identification Number (EIN) and can just file their employment taxes at the end of the year using their Social Security Number (SSN). This perception comes from bad advice from those who...
Why Does My Nanny Need a W-2?
It’s tax season and one of the most common questions household employers ask is “why does my nanny need a W-2?” The short answer is that nannies are considered employees and not independent contractors under the Fair Labor Standards Act. That means...
Infographic: A Guide to Nanny Tax Compliance for Accountants and Their Clients
Even for experienced accountants complying with all of the tax, wage, and labor laws around household employment can be confusing. It’s easy to make an unintentional mistake and that could lead to fines and penalties, for your client and potential legal action...
