Recently around the internet I have been seeing nannies ask if they can be on the parent’s business payroll, the parents want to pay them as an independent contractor and then finally they don’t want to pay the nanny legally. HomeWork Solutions does a great job in these two videos to shed some light on nanny taxes for both the employer and employee.
Make sure you share them with your potential employers to help them understand what needs to happen so that they nanny tax compliant.
Nanny Tax Checklist for Household Employers! What are the steps for nanny tax compliance?
Nanny: Employee or Independent Contractor? W-2 or 1099?