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Financial Friday
Nanny Tax Questions Answered
Top Nanny Payroll Questions Today we are sharing a post from HomeWork Solutions/4NannyTaxes a member of NannyFusion. The three top questions are: 1. I had a serious misunderstanding with my family and left my nanny job without notice. I received a text from my employer, a lawyer, asking for my mailing address so she could [...]
Nannies and Mileage Reimbursement
By Tom Breedlove of Breedlove & Associates If you drive your own car as part of your job duties as a nanny (i.e. errands, pick-ups/drop-offs, etc.), the family you work for should reimburse you at a rate of 55.5 cents per mile. That rate is designed to cover the cost of gas plus wear and [...]
2011 Black Friday, Small Business Saturday and Cyber Monday
These days there is just not one time to do all your holiday shopping. Traditional “Black Friday” has been invaded by Small Business Saturday, Cyber Monday and Free Shipping Day. As nannies, many of us help out with the shopping for our employers as well as our own personal shopping, so we are looking for awesome deals [...]
First Financial Friday November
I am bringing you some new blogs and posts that I found last month during October. I have been enjoying discovering all the financial blogs out there. It truly does provide other points of views in certain categories of finance. Make sure to check out these articles, the blogs and like them on Facebook and [...]
Do you have financial literacy?
introduction by Alice Shaffer Today I heard something awesome on the radio, it was about the Girl Scouts and how they have added new badges in the topic of money & finances. They are ”Good Credit,” “Money Manager,” “Budgeting,” and a “Financing My Future” badge. How cool is that! Everyone should have financial literacy, yet [...]
Cell Phone paid for by Nanny Employers
New IRS Guidelines: Employer-Paid Cell Phone Generally Considered Non-Taxable Compensation by Tom Breedlove The IRS recently issued guidelines for determine whether an employer-paid cell phone should be considered taxable compensation or a non-taxable benefit. While the IRS didn’t advise on the nanny industry specifically, they did provide a set of criteria for determination. The employer [...]
Unemployment Benefits and the Temporary Nanny Job
HomeWork Solutions is one of our NannyFusion members and shares our post for today. Kathy Webb of HomeWork Solutions was recently at the Association of Premier Nanny Agencies (APNA) conference and said that “agencies report that some nannies are reluctant to accept good paying temp assignments due to fear about their continued unemployment benefits. Education [...]
First Financial Friday of October
Last month, I shared my new series called First Financial Friday. I hope that you enjoyed it and learned some new “money” tips and tricks. This month I am bringing you four new blogs that I have found last month during September. Nannypalooza is less then a month away and you can still register. Make [...]
Credit Card Balance Transfer: A Good thing or bad?
introduction by Alice Shaffer The Financial Nanny Many people have taken advantage of balance transfer options that credit card companies offer. I know that I have taken advantage of several in my past. The best one was from American Express that was “life of loan” for 4.99%. This helped me consolidate numerous credit cards [...]
The Value of your Professional Network?
Do you have a professional network? Do you network with others in the nanny profession? Do you remember the first time you networked with someone in the nanny world? I can remember my first professional nanny networking experience. I had just graduated from college and found in my college library the phone numbers for the [...]
