Nanny Tax Threshold on the Rise Again for 2023
The 2023 nanny tax threshold will be $2,600. Here’s what that means for families with household help like nannies, housekeepers, and senior caregivers.
The 2023 nanny tax threshold will be $2,600. Here’s what that means for families with household help like nannies, housekeepers, and senior caregivers.
When you hire someone to work in your home, you become an employer. And with that designation comes employment tax responsibilities, which are commonly called “nanny taxes.” So how do you pay nanny taxes and make sure everything is correct? There are a few ways to tackle this including doing it yourself. If you’re ready to take this on, here are 7 steps to paying nanny taxes yourself.
Nanny taxes, domestic worker protections, minimum wage and overtime rules, tax savings, and more. We spell out everything you need to know about employing a nanny or other household workers in 2021.
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.
Received an unemployment notice that your employee has filed a claim? Not sure what to do? If you have paid your nanny legally, you have nothing to worry about. Here’s what to do with answers to some common questions.