Tax Tidbit: Filing the Correct Tax Forms for a Household Employee
Regardless of whether your household employee is full time or part time, employers are required to pay employment taxes if the employee is paid $1900 or more per year (in
Tag: household employee
Tax Tidbit: Organizing Your Household Employment Tax Documents
If you employ a household employee (defined by the IRS as any domestic worker earning more than $1900 in calendar year 2014), you are responsible for the so-called “nanny taxes”.
The Nanny Taxes Are For Undocumented Immigrants, Too.
Immigrants, including undocumented immigrants, must comply with the same tax laws as U.S. citizens- including paying the so-called “nanny taxes”. Allan Wernick an attorney and director of the City University
How To Let The Nanny Go
Nanny jobs are not forever, and the reasons for letting your child’s caregiver do vary. Often, the children grow up and your beloved family nanny is no longer needed. Perhaps
Household Employee Wage Threshold Rises to $1900 in 2014
In 2014, the Household Employee Wage threshold increased to $1900. This means that any household employee- such as a nanny, housekeeper or elder care worker- earning $1900 or more per
Nanny Misclassification and the 1099 Mistake
Tax season is in full swing, and Americans are preparing to file their annual income tax returns. If you are a household employer – you employ a nanny, housekeeper or