Nanny Payroll

  • Guide to Nanny Taxes

    May 22

    Did you know that failing to pay the nanny tax can cost you up to $25,000 in fines and penalties?

  • How Much Should You Pay Your Nanny?

    May 20

    Once you decide to hire a nanny, it won’t be long before you’re asking yourself an important question: how much should you pay your new household employee?

  • How to Handle a Household Employee Transition

    May 13

    There may come a time when you need to terminate a household employee.

  • The Differences Between a Nanny and a Babysitter

    May 6

    When looking for childcare, you may be confused about the difference between hiring a babysitter and hiring a nanny.

  • 3 Things to Do With Your Nanny on Day One

    May 1

    You’ve taken the time to interview nanny candidates, extend an offer, and formally bring the right person on board.

  • 3 Things to Expect From Your Nanny Payroll Provider

    April 9

    Hiring a nanny is a big decision, as it will impact your personal life and finances in several ways.

  • 5 Things to Include in Your Nanny Contract

    March 26

    Choosing to hire a nanny involves a lot of steps. Once you hire a nanny, one of your first steps should be creating a contract to ensure that you and your nanny are on the same page about how this position is expected to run. As you build a contract for you and your nanny to sign, there are some details you’ll never forget to ask. 

  • Background Checks and Employee Screening for Your Nanny

    March 13

    When choosing to hire a nanny or another household employee, there are many steps involved. The first beginning with who you are going to bring into your home, which is a decision you don’t want to take lightly. While you should be conducting interviews and asking for referrals, you will want to take things a step further by purchasing a background check for your potential household employee. People can say anything about their skills, experience, and behaviors, but you can’t always trust that.

  • FUTA Taxes for Household Employees

    February 12

    Good news: If you’ve figured out that you owe nanny taxes and you have your Social Security and Medicare nanny taxes squared away, you’re almost done collecting the nanny taxes you need to send off to Uncle Sam. As we have mentioned before, the nanny tax is comprised of multiple taxes. We’ve previously talked about Social Security and Medicare taxes, and now we are going to break down the Federal Unemployment Tax Act (FUTA).

  • Social Security & Medicare Taxes for Household Employees

    February 6

    The nanny tax actually consists of multiple taxes. Out of the taxes covered, Social Security and Medicare taxes are two of the most important ones you’ll want to understand when processing nanny payroll. These taxes are commonly referred to as payroll tax, but when dealing with nanny payroll, the taxes take on the name of the “nanny tax”.

  • Do You Owe the Nanny Tax?

    January 31

    Being a parent is hard work. From juggling multiple schedules, to managing a work / life balance, there is a good chance that from time to time you’re going to need a little extra help in your life. When looking to hire a nanny or household employee, you will have to make sure that this new employee is paid accurately. Often times, people believe these household employees can be paid under the table, which essentially means paying cash to avoid taxes. However, when it comes to household employees, it’s important that you’re paying the nanny tax.

  • What To Expect From Your Nanny Payroll Provider

    August 6

    Hiring a nanny is a big decision, as it will impact your personal life and finances in a number of ways.

  • To Do or Not to Do: Paying Your Household Employee Under the Table

    June 19

    Hiring a household employee sounds easy enough: you advertise the position, interview candidates, and make a final selection based on your findings.

  • Yes, You Can Hire More Than One Household Employee

    June 14

    There is no law stating that you can only have one household employee. While most people have a nanny or a housekeeper, maybe a landscaper, some households have a combination of household employees to support their needs.

  • I Have a Household Employee: What Taxes Must I Pay?

    November 7

    Whether you are in the process of hiring a household employee or already have someone working for you, it’s important you know that you are responsible for paying a variety of taxes, including those covered under the Federal Insurance Contributions Act (FICA). 

  • Not Just Nannies: Who Should Be Classified as a Household Employee?

    October 27

    Are you unsure of whether or not you have a household employee? Is this causing you confusion when it comes to taxes, such as wondering if you should issue a W-2?

  • Don't Get Into Nanny Tax Trouble [Infographic]

    December 20

    The nanny has come to play an increasingly important role in the lives of working professionals and business owners with children. Parents often have to run themselves ragged to keep up with the rigorous schedule of activities their children are involved in, not to mention balancing demanding careers. Finding the right nanny can be a huge help.

  • Schedule H Form: Breaking It Down For You

    December 17

    Are you familiar with the Schedule H form? You may have had no use for this form in the past, but it doesn’t mean this will remain true in the future.

  • Can I Pay My Nanny as a 1099?

    September 25

    Many people have the desire to hire a nanny. That is until they learn more about what this means from a tax perspective. Not only do you have to withhold FICA from your nanny’s paychecks, but you are responsible for paying 7.65% (6.2% for Social Security tax and 1.45% for Medicare tax) as an employer.

  • Do You Have to Provide Workers' Comp for Your Nanny?

    September 7

    When you hire a nanny, it is imperative to think of this person as more than a helper around the house. You are now this person’s employer. For this reason, you are responsible for a variety of HR-related tasks, including but not limited to insurance, payroll, and taxes.