Are your clients with household employees draining your professional resources?
As a CPA, you may take on the burden of nanny tax and payroll management without realizing how much work you're agreeing to provide. It can be that Friday afternoon call to calculate withholding taxes on a check that includes overtime. Or the questions about how to fill out a W-2 or I-9 form. Unfortunately, this may ultimately be more than time-consuming – it could also be eating away at your profits.