The Payroll Blog

News, tips, and advice for small business owners

Don't Get Into Nanny Tax Trouble [Infographic]

Posted On
12/20/2016
By
SurePayroll

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.

don't get into nanny tax trouble - concerned woman in bed with man

Along with having a nanny, though, comes the added responsibility of nanny payroll and handling nanny taxes (if you paid them more than $1,900 in 2015 or more than $2,000 moving forward). Like any payroll function for employees, it can become a complicated mess of forms and requirements.

To make sure you're on the right track with your nanny payroll, we've created this handy infographic. Follow the game to see if you're at risk of being fined. Nanny fines can total up to $25,000, so it's not a risk you want to take.

Nanny Tax Infographic

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This website contains articles posted for informational and educational value. SurePayroll is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, SurePayroll. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant. If you require legal or accounting advice or need other professional assistance, you should always consult your licensed attorney, accountant or other tax professional to discuss your particular facts, circumstances and business needs.