According to the law, every employer needs to pay the federal government's employment tax for all employees they hire. The federal employment tax comprises Medicare tax, social...
A household employment tax allows everyone that hires a nanny or a gardener, to name a few, and pays them above $2,200 every year, to pay household employee taxes for their worker....
Posted by Tucker Accounting Services LLC on 01/13/2021
Most families are not tax professionals. So when the time comes to hire a nanny, especially if it's your first time, knowing all the details and IRS requirements and your status...
Caregivers, workers who perform in-home services, for disabled individuals and the elderly work under special tax rules. When a caregiver is employed, it is seen that he/she works...
The first thing which you need to know is what exactly are nanny taxes and after that we can proceed further in this article. A nanny tax is a kind of government tax which people who...
Posted by rinehimerbaker on 10/26/2018