Knowledge Center
Nanny Employers
Is my nanny an “Independent Contractor?” Can I do that?
https://youtu.be/GhJ-J3-Ce6s Is my nanny an independent contractor? Can I give my nanny or senior caregiver a 1099 and let her file her own taxes? Most Workers are Employees! The US Department of Labor’s Administrator of the Wage and Hour Division, David Weil, clearly stated on July 15, 2015 that most workers are considered employees under […]
Nanny Tax Compliance: Why a Nanny Wants to be Paid Legally
In the “nanny world,” the temptation to accept a job that pays CASH (off the books, no payroll or income tax reporting) is faced by every nanny. After all, who LIKES to pay taxes? Professional nannies, however, understand nanny tax compliance and know that being paid legally is ultimately in their own best interest. Continue […]
Emergency Nanny Income During a Pandemic (Old – Redirected)
17 March 2020 Summary Over the last several days, attempts to contain and slow the spread of the novel coronavirus are severely disrupting everyday life in the USA. Worries are running the gamut from, “Where can I find toilet paper?” to “I can’t work, I’m not being paid, how can I pay for toilet paper?” […]
4 Common Errors: The Nanny or Senior Caregiver Compensation Offer
You have a new baby in the house, you are not sleeping well, and you need to line up a great nanny before you return to work. Or mom is declining and you have to hire a senior caregiver to stay with her while you are working because she just is not safe alone any […]
G-5 Employee Workers’ Compensation Insurance
Workers’ Compensation is insurance protection mandated under state law for a worker and his or her dependents against injury and death occurring in the course of employment. It is not health insurance, and it is not intended to compensate for a disability other than disability caused by injury arising out of employment. If your employee, […]
So what are the payroll taxes household employers pay?
Nanny taxes, what are they? First it is important to understand the so called “nanny taxes” are not just for nannies! The Nanny Tax is a catchy phrase for headline writers! However, these are really household employment taxes and apply when you hire a nanny, housekeeper, maid, senior caregiver or other domestic worker. Household employers […]
Nanny Share: Managing Childcare Costs in a Troubled Economy
Child care is very expensive – ask any working parent. Childcare cost management is often the second largest monthly expense, after mortgage/rent payments, which a family with young children deals with. According to the National Association of Child Care Resource and Referral Agencies (NACCRRA), full time infant care in a child care center in the District of Columbia […]
Outsourcing Schedule H to a Household Payroll Specialist
Busy tax preparation firms always encounter a few clients who come to them during busy season with household payroll that has not been attended to throughout the prior year. The client is most interested in fast turnaround of a W-2 form for their nanny or housekeeper, under pressure from their employee to get things together and […]
Emergency Nanny Income During a Pandemic
19 March 2020 Summary Over the last several days, attempts to contain and slow the spread of the novel coronavirus have severely disrupted everyday life in the USA. Worries are running the gamut from, “Where can I find toilet paper?” to “I can’t work, I’m not being paid, how can I pay for toilet paper?” […]
Why is my nanny an hourly employee? I want to pay her a salary and not worry about tracking hours each week.
Nannies and other ‘domestic service employees’ are classified under the Fair Labor Standards Act (FLSA) as non-exempt workers. The term non-exempt employee refers to a worker who IS subject to the terms of the FLSA regarding such issues as overtime compensation and minimum wage coverage, contemporaneous time tracking record keeping, as well as nanny pay […]