Hiring a nanny is more than offering a wage—it's about building a compliant, respectful working relationship. When families ask, “Can I afford a nanny?”, our answer is: Start with your annual budget and work backwards to determine what you can comfortably and legally offer.
Topics: nanny salary, hiring a nanny, nanny, nanny hourly wage, agency, nanny pay, paying a nanny, household employer taxes, nanny employment costs, nanny compensation plan, nanny budget calculator, nanny payroll costs, nanny employer budget
When managing household payroll, many people wonder if they should set up a Limited Liability Company (LLC) for additional protection. While the idea of an LLC can be appealing, it’s generally unnecessary for household employers and often doesn’t provide the legal or financial protection you might expect. Here’s why setting up an LLC is usually more trouble than it’s worth for household employment.
Topics: nanny, senior, CPA, Should I set up an LLC for household payroll, paying a nanny, household LLC, Managing household payroll taxes, Household payroll compliance
