Nanny Tax: Know The Facts
Understanding the Nanny Tax Tax season is here! In this article, you’ll find a quick checklist of things you need to know about filing your nanny taxes the right way. First, let’s be frank. Although household employment tax laws certainly add an additional expense to your childcare budget, you really can’t afford not to comply with the law. Although some nannies may even ask to be paid “under the table”, a family that agrees to such an arrangement is taking significant legal and financial risks. In long run, if you fail to pay your nanny legally, and get caught, [...]