Nanny Payroll Blog
News, tips, and advice for nanny employers
I Have a Household Employee: What Taxes Must I Pay?
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).Read More
Not Just Nannies: Who Should Be Classified as a Household Employee?
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?Read More
Don't Get Into Nanny Tax Trouble [Infographic]
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.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