Let’s face it: sitting your aging parents down to talk about their finances is about as comfortable as talking to them about sex (eons ago, they probably felt the same way you do right now!) But just as it was back then, the conversation- though difficult- is imperative to your future decision making.
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 senior caregiver - you will find conflicting advice on how to handle the "nanny taxes."