NannyPay Blog

Preparing to Hire a Nanny in 2020?

According to a 2016 report from the Bureau of Labor Statistics, 61.1 percent of households with children under 18 (56.3% of children under 6) had two parents who worked.  With over half of American households having two working parents, childcare is in demand.  You’ve considered all of your options, but realizing that you are looking for childcare that is flexible enough to work around your schedule, provides individual attention, and can take on some additional responsibilities, like shuttling your children back and forth from activities, you’ve decided your best option is to hire a nanny.  While hiring a nanny is [...]

By |2019-12-26T15:38:55+00:00December 15th, 2019|Nannies|0 Comments

Foreign Au Pairs in Massachusetts Must be Paid at Least The State Minimum Wage

A federal appeals court has reaffirmed that residents in Massachusetts are required to pay foreign au pairs (such as live-in nannies and maids) at least the state minimum wage, and not the lower  federal minimum wage. With this court ruling, anyone who hires the services of a foreign au pair in Massachusetts will have to pay them a minimum wage of $12 per hour (state minimum) rather than $7.25 per hour (federal minimum).  This ruling came when the federal appeals court dismissed a lawsuit filed by Culture Care Au Pair of Cambridge, which challenged the state Attorney General Maura Healey’s [...]

By |2019-12-26T15:26:06+00:00December 1st, 2019|Tax FAQ|0 Comments

Hiring a Caregiver For a Loved One

The holidays are almost here, which means you’ll be spending a lot of time with your family, including your aging parents. So, when you are visiting them, you will have an opportunity to see how they are doing in terms of overall health, safety, and quality of life. If you notice any red flags that indicate your elderly loved one is unable to take care of themselves and their surroundings (disheveled clothes, poor hygiene, spoiled food, unpaid bills, etc.), it may be time for some additional assistance. Important Signs that Your Loved One Needs a Caregiver It can be hard [...]

By |2019-12-26T15:29:38+00:00November 15th, 2019|Hiring|0 Comments

National Push for Nanny Rights Continues in Philadelphia

Continuing a national trend toward improving the labor conditions and wages of nannies, eldercare providers and other household and domestic workers, Philadelphia City Council recently passed a “domestic worker bill of rights”.  The legislation, passed on October 31, 2019, and expected to be signed into law by the mayor shortly, will take effect in May, 2020, and requires among other things that nannies, house cleaners, and other household employees be provided a written agreement expressly outlining the terms of their employment, such as pay rates, work schedules and benefits.  The new law also guarantees that nannies and other in-home workers accrue [...]

By |2019-11-06T19:21:32+00:00November 6th, 2019|NannyPay|0 Comments

NannyPay is an Affordable and Easy Solution for Paying your Nanny

Keeping track of tax information while employing a nanny may appear at first to be overwhelming; however, paying your nanny taxes and staying legal is very important for protecting you, your family and your nanny and is not as complicated as you may think. If you have a nanny and you pay them at least $2,100 a year, they are considered a household employee and according to the IRS you are responsible for paying employment taxes on their wages, which includes Social Security and Medicare taxes (commonly known as FICA)  You may also owe state and federal unemployment taxes as [...]

By |2019-10-29T16:25:09+00:00October 29th, 2019|NannyPay|0 Comments

I Can Do This!

How Can NannyPay Help Me? Since 1997, NannyPay remains the leading payroll software tool created by household employers for household employers. The new, next-generation NannyPay2 software continues the software's tradition of simplicity, but has been enhanced based upon our company's almost two decades of experience serving the household payroll market. NannyPay2 is feature-rich, yet simple to use. For example, NannyPay will calculate all federal and state withholding taxes for you, and then print a detailed pay stub you can give to your nanny each week. At year end, NannyPay will even print Forms W-2 and W-3 from the plain paper in your printer, suitable [...]

By |2019-08-19T15:46:33+00:00September 19th, 2019|Nanny Tax|0 Comments

6 Steps To “Paying By the Rules” for Nanny Taxes

STEP 1: Determining Your Household Employee's Employment Eligibility STEP 2: Registering with the IRS and State Revenue Departments STEP 3: Determining How Much You Must Pay Your Household Employee STEP 4: Determining What Taxes You Must Withhold STEP 5: Learning About Your Other Obligations STEP 6: Filing Reports and Paying the Government

By |2019-12-26T17:05:07+00:00September 12th, 2019|Nanny Tax|0 Comments

Is My Payroll Information Safe?

"Cloud computing". It's the latest buzzword. Although an online payroll service might seem convenient, check the news on any given day and you are bound to read about the latest "cloud" security virus or data breach. And what happens to all your payroll data if that online company goes out of business? In today’s age of identity theft and internet security breaches, you can feel confident trusting NannyPay with your and your employee's sensitive payroll data and personal information. With NannyPay, only YOU have control and access to your payroll data, as both the NannyPay software and your datafile are [...]

By |2019-10-01T15:27:28+00:00September 5th, 2019|Nanny Tax|0 Comments

Registering with the IRS and State Revenue Departments

Registering with the IRS as a Household Employer Once you have verified that your household employee can legally work for you, your next step is to register with the Internal Revenue Service (IRS) as a Household Employer. You do this by completing Form SS-4 and sending it to the IRS. The IRS will then assign you an Employer Identification Number, or EIN. An EIN is the number used to identify you as an employer, and will be placed on all your tax filings as an employer much like your Social Security number is used to identify you as an employee, [...]

By |2019-10-03T14:16:11+00:00August 22nd, 2019|Nanny Tax|0 Comments

Determining How Much You Must Pay Your Household Employee

Paying your Household Employee Although the issue of compensation is generally between you and your household employee, the government sets certain minimum standards. The Federal Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, record keeping, and child labor standards affecting some full-time and part-time workers in the private sector. Domestic service workers such as full-time nannies, babysitters, housekeepers, chauffeurs, and cooks are covered by the FLSA if (1) their cash wages from one employer are at least $2,100 in a calendar year (or the amount designated pursuant to an adjustment provision in the Internal Revenue Code), or (2) [...]

By |2019-10-03T13:57:50+00:00August 15th, 2019|Nanny Tax|0 Comments
Load More Posts