Monthly Archives: March 2019

Don’t Go Under by Paying “Under the Table”

Is it Better to Pay your Nanny "Under the Table?" After several interviews you finally find the perfect nanny.  She gets along well with your children, has a flexible schedule that’s a match for your hectic one, and her references are glowing. One catch – when you discuss salary, she asks to be paid “under the table.” Here are a few reasons why you might be tempted to comply with her request and pay her “under the table”:   There would be no need to pay the ‘Nanny Tax’, allowing you to offer a higher salary. Your sought-after nanny may [...]

By |2019-08-16T08:48:00+00:00March 21st, 2019|NannyPay|0 Comments

Nanny Tax: Know The Facts

Understanding the Nanny Tax Tax season is here! In this article, you’ll find a quick checklist of things you need to know about about filing your nanny taxes the right way. First, let’s be frank.  Although household employment tax laws certainly add an additional expense to your childcare budget, you really can’t afford not to comply with the law. Although some nannies may even ask to be paid “under the table”, a family that agrees to such an arrangement is taking significant legal and financial risks.  In long run, if you fail to pay your nanny legally, and get caught, [...]

By |2019-08-16T08:38:59+00:00March 14th, 2019|Tax Reminders|0 Comments

How To Become a Paid Caregiver For a Family Member

Knowing your Rights as a Paid Caregiver to Family Caregiving has always been considered a fulfilling task, especially when it comes to caring for your family. However, it can be financially stressful because it can take up your time and energy, which you could have used in financially productive activities. If you are a caregiver for a family member, you should know the various financial assistance possibilities available to you. These can come from the government, private organizations, social enterprises, or even your family. Seek aid from a government-funded program The US government sponsors several statewide and nationwide programs that [...]

By |2019-08-16T08:08:50+00:00March 7th, 2019|Tips|0 Comments