When you think about taxes, how do you feel? Do you feel a surge of dread or an overwhelming sense of confusion? It’s normal to feel this way because let’s face it, reporting nanny taxes can get complicated.

 

The historic 2016 US Presidential Election will bring sweeping change to Washington DC, and an expected 4,500 jobs will be staffed by the incoming president in the next two months as he establishes his team. The Presidential Transition Team is already vetting nominees for Cabinet positions and political appointees in various senior-level agency and ambassadorial posts.

If you are being considered for any of these positions, you’ll be required to answer questionnaires as part of the vetting process that includes references to household employment and the “nanny tax”. Questions might be something like:

Your nanny has worked hard for you all year and you may be wondering if a year-end bonus is warranted. You ask around the office and the answers are all over the place. While a clear majority of nanny employers provide additional compensation or paid time off at the end of the year, many families like you are uncertain about what is customary. 

The annual year end bonues a great opportunity to show your nanny that you appreciate everything that she has done to go above and beyond her regular duties. While an end of year bonus is not required, to your nanny a gift of recognition is always appreciated.

If you’re just beginning the search of hiring a new nanny to join your family, you likely have a list of requirements that you want fulfilled and hiring a bilingual nanny may be something high on your priority list. Instilling a love for a variety of cultural traditions and languages is important to many families and if you’re thinking of hiring a bilingual nanny to join your family, here is some basic information on how to go about this process.

If you’re thinking about hiring a senior caregiver this year, it’s crucial to do your research and be sure you know how to go about it – especially when it comes to payroll. There is a lot of misinformation online that can be confusing for families. Here, we’ll break down myths versus facts so you know exactly how to pay your caregiver fairly while withholding proper taxes.

Child care can be extremely costly. One of the best ways to provide personalized small group care and save money on child care without cutting corners is start up a nanny-share with another family.

You’ve hired a live-in nanny and you’re excited to have her join your family. Now it is time to address the details - outlining some important parts of what the living arrangements will look like. Here are some helpful tips for you to consider when it comes to considering the impacts of another adult in the house and how you should go about setting boundaries.

If you’ve recently hired a senior caregiver, it is extremely important that you understand how to properly manage payroll, as there is a lot of misinformation out there that can be confusing. If you can understand what the biggest problems with senior caregiver payroll are, then you will be able to get started on the right foot at the very beginning of the employment relationship.