I just hired a nanny. What is New Hire Reporting? All employers are required to report information on all newly hired workers (including re-hired workers) to your state agency within Continue Reading →
I own a business. Can I pay a household employee/nanny on my company payroll? No. It is illegal to pay your household employee or nanny on your business payroll. Since Continue Reading →
What might happen if I don’t pay the nanny taxes? If you fail to report domestic wages paid, the validity of your personal income tax return will be compromised. If Continue Reading →
What about Workman’s Compensation and disability insurance for my nanny? State insurance regulations define who is required to carry worker’s compensation and disability insurance. The rules vary by state. When Continue Reading →
How do we handle taxes if we share a nanny with another family? When two families share a nanny, both families are employers. Each family is responsible for withholding payroll Continue Reading →
What do you do about taxes when you’ve hired a legally present nanny, who has a visa, but she doesn’t have a social security card? You need to report all Continue Reading →
My nanny (domestic) says she’s an independent contractor and doesn’t want taxes withheld. Can I do that? No. The IRS has strict guidelines to define employees and independent contractors. Nannies Continue Reading →
Am I required to withhold federal income tax? No, you are not required to withhold federal income tax unless your employee asks you to withhold it and you agree. If Continue Reading →
What records do I keep and for how long? You must keep the following records for four years after the due date of the return: Your employee’s cash and non-cash Continue Reading →
Do I need to pay the nanny tax if I employ my spouse or child? No, you do not need to pay the nanny tax if you employ your spouse, Continue Reading →