Countdown to April 15: What You Need to Know About Paying Nanny Taxes
Nannies, personal assistants, senior care providers, housekeepers, and chauffeurs… these are just a few examples of the more than 700,000 workers we hire in our homes nationwide. They help take care of our children and aging parents, manage our estates, and even assist us while traveling and managing our businesses. Hiring a household worker likely means you’ve become a domestic employer, making you responsible for collecting and submitting “nanny taxes” on their behalf.