Nanny Payroll Blog
News, tips, and advice for nanny employers
Schedule H Form: Breaking It Down For You
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.Read More
Can I Pay My Nanny as a 1099?
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.Read More
I Have a Nanny: What Taxes Do I Need to Pay?
Hiring a nanny will impact your life in many ways, including your finances. In addition to the salary you pay your nanny, you are expected to pay a combination of taxes. Neglecting to do so could lead to trouble with the IRS, including large penalties.Read More
Nanny Payroll Part 4: Federal Income Taxes
By now, you’ve learned managing nanny taxes takes a bit of time, number-crunching, and paperwork. Once you’ve determined if you owe nanny taxes, you’re probably responsible for collecting two types of nanny taxes:Read More