Nanny Payroll
Did you know that if you are hiring a nanny, you may be required to withhold and pay payroll taxes?
Baby sitters, nannies, domestic workers, maids, housekeepers, personal drivers, etc. are all examples of household employees.
Requirements for Hiring Household Employees:
- Apply for an employer identification number (EIN)
- Determine if the employee is eligible to work in the United States
- Employment tax payments are required if:
- Total cash wages paid exceeds the limit set by the IRS during that calendar quarter to household employees for household work.
- Wages paid to your spouse, your children under the age of 21 or your parents are not included.
- Total cash wages paid exceeds the limit set by the IRS during that calendar quarter to household employees for household work.
| We assist our clients with the following |
|---|
| Acquisition and Dissolution of Payroll IDs |
| Employee Payroll with Multiple Frequencies |
| Remit of payroll taxes (employee and employer share) |
| Issuance Employee Paychecks |
| Direct Deposits |
| Out of State Payroll Calculations |
| Tax Amendments |
| No-Activity Compliance Filings |
| Quarterly 941s |
| Annual W-2s and 1099s |
| Electronic Payroll Processing |
| Liaise with the IRS, State and Social Security Administration |
