When hiring a nanny or other household employee, it's common to hear about guaranteed hours—and for good reason. This benefit offers financial consistency for your employee while giving your family scheduling flexibility. However, confusion often arises when families try to translate this into a “salary,” which can unintentionally lead to violations of wage and hour laws under the Fair Labor Standards Act (FLSA).
Topics: nanny, agency, FLSA nanny laws, guaranteed hours, overtime for nannies, blended rate nanny, legal nanny pay
Hiring someone to work in your home—whether a nanny, senior caregiver, or housekeeper—comes with responsibilities. One of the most important is verifying that your employee is legally authorized to work in the U.S. That starts with completing Form I-9, but in some states, there's an extra step: using E-Verify.
Topics: nanny e-verify, nanny agency, nanny, senior, e-verify, undocumented, E-Verify domestic workers, hiring a caregiver legally, I-9 form, nanny employment verification
When families begin considering in-home care—whether for a child or an aging loved one—questions about costs come up quickly. One of the most common: Are these expenses tax deductible? The answer is: sometimes, yes. But it depends on your situation and the type of care provided.
Topics: nanny, agency, senior, in-home care tax deduction, senior caregiver tax deduction, child and dependent care tax credit, nanny tax credit
Topics: agency, nanny agency FEIN, childcare agency tax ID, nanny agency invoice for taxes
Tax season can be stressful, especially if you end up owing more than expected. Many nannies and other household employees find themselves with a surprise tax bill, often because of how income tax withholding is handled throughout the year.
Topics: nanny share, nanny agency, nanny, nanny payroll, homework solutions, W-4 mistakes, nanny share taxes
Did you employ a nanny or other household worker in 2024 and pay them $2,700 or more in wages? If so, congratulations—you’re officially a household employer with tax filing obligations in the eyes of the IRS! That means you will need to report your employees’ wages and pay employment taxes when you file your federal income tax return.
Topics: agency, CPA, nanny taxes 2024, household employer tax forms
Babysitting is an essential service for parents who want to go on a date, attend a child-free event, or simply have some time to recharge. However, when tax season arrives, many caregivers wonder whether they need to pay taxes on those earnings. The answer depends on how much money changed hands and whether the temporary work meets the guidelines for self-employment.
Topics: household employee taxes, nanny, agency, nanny side jobs, babysitting taxes, babysitter self-employment tax
If you’ve hired a nanny, you’re responsible for handling their payroll and taxes correctly—and that includes issuing a W-2 at the end of the year. But a W-2 isn’t just a form you fill out in January; it’s the final step in a yearlong process of paying your nanny legally.
Topics: nanny w-2 form, nanny, agency, nanny tax withholding, How to create a W-2 for a nanny, Employer responsibilities for a nanny, Nanny tax forms
Surprisingly (or maybe not…), the Internal Revenue Code doesn’t provide a neat little list of exactly what can and can’t be deducted as a business expense. Instead, it gives us this broad guideline:
Topics: nanny taxes, household payroll, agency, CPA, business expense deductions, household employee tax rules, self-employed tax write-offs
Hiring the right professional nanny for your child is one of the most important decisions you’ll make as a parent. You want someone who is not only experienced and trustworthy but also a perfect fit for your family’s unique needs. The search process, however, can be overwhelming and time-consuming—especially when it comes to ensuring that every candidate is properly vetted and qualified.
Topics: nanny agency, hiring a nanny, Hire a nanny, Professional nanny agency
