NannyPay Blog

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Nanny Tax: Know The Facts

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, it can cost you [...]

By |March 4th, 2019|Tax Reminders|0 Comments

How To Become a Paid Caregiver For a Family Member

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 provide financial assistance to caregivers. Eligibility for these programs [...]

By |March 1st, 2019|Tips|0 Comments

Hiring a Caregiver For Your Aging Parents

Your parents were there to take care of you as your grew up, but now the roles have reversed and they need you to care for them. While many seniors are mentally and physically capable of caring for themselves, others might suffer from issues that may limit their mobility or their ability to live on their own. As much as you'd like to tend to their every need, it's often impossible to do so, especially if you work full-time or have a family of your own to take care of. In these cases, having a caregiver to care for your [...]

By |February 21st, 2019|Hiring|0 Comments

Avoiding Household Employee Injury

A healthy and safe workplace is probably the most important factor contributing to a satisfying work environment.   When it comes to hiring a nanny or other domestic worker, such as an elder caregiver, a healthy workplace is of utmost importance. There are numerous local, state, and federal laws governing a safe and healthy workplace environment, but as a household employer, you can take some additional steps to ensure your workers safety. Here are a few things you can keep in mind to be better prepared in order to avoid a household employee injury: Most Common Workplace Injuries Some people think [...]

By |February 14th, 2019|Tips|0 Comments

Do Nannies Get Snow Days (or other foul weather days)?

Well not in LA or Phoenix! When commuting to work becomes potentially unsafe due to a blizzard or a heavy snow day, a traditional worker could take a paid or unpaid day off, or in some cases, even choose to work from home. Nannies don’t have that luxury. They cannot work from home for obvious reasons and they may not want to take unpaid leave. Also, they may be expected to do everything possible to get to their workplace on a foul weather day so that you (the employer) can get to work. If you already have a snow day [...]

By |February 7th, 2019|Tips|0 Comments

Tax Time: What You Need to Know About Nanny Taxes

If you employ a nanny, eldercare giver, private nurse or other household employee, you likely are required to pay the so-called “Nanny Tax”.  According to the IRS, if you employ someone to do work in or around your home, he or she will be regarded as your household employee if you (the employer) control: The type of work the person performs, and How that person performs his job (the daily instructions you give) If the worker is your employee, and you pay them over a specific wage amount, you are required by federal law to withhold and pay Medicare and [...]

By |January 21st, 2019|Tax Reminders|0 Comments

Do You Have a Household Employee?

A household employee refers to someone who receives wages in return for providing a service within their employer’s residence. According to the IRS, if you control what work is done by the worker and how it is done, that worker will be considered your employee. Work done in or around your residence is considered household work. The following types of workers are typically treated as household employees for employment tax purposes: NanniesBabysitters (with some exceptions)Eldercare providers or elder caregiversPrivate nursesHealth aidesHousekeepers or house cleaners (but not independent cleaning companies)Drivers or chauffeurs ButlersCooksMaidsYard workers (but not independent landscape companies)Other domestic workers [...]

By |January 14th, 2019|Hiring|0 Comments

Is NannyPay Worth It?

Did you know that if you have a household employee, in order to do things legitimately, you have to have a payroll system in place to pay tax obligations if you pay your employee more than $2,100 a year (as of 2019.) Having a payroll company do it for you, however, can add on thousands to your costs. But with a little elbow grease and patience, you can actually do this yourself with DIY payroll management software. And that is exactly what Nannypay is – a secure and cost-effective payroll software for calculating taxes for your household employees. If you’re [...]

By |January 7th, 2019|NannyPay|0 Comments

How to Pay Your Nanny Taxes

How To Pay Your Nanny Taxes? Most families are not tax specialists. So when they first hire a household caregiver or nanny, fulfilling the tax requirements of the IRS can seem at first a bit overwhelming.  Nanny payroll services may seem an attractive option at first – until you consider the overall cost. With setup fees and other costs, a payroll service could cost you more than $1,000 the first year alone. But with just a little bit of initial effort, you can learn how to do it yourself, and NannyPay software is here to help. For over twenty years, NannyPay has been helping new household employers understand and comply with the Nanny Tax Laws  – and save money too! Here is a quick primer that will provide you the basics, and which demonstrates “paying by the rules”is really not that difficult to learn or do, particularly if you use NannyPay to help you.  And in fact, there are significant benefits to paying “above the table”: […]

By |December 31st, 2018|NannyPay|0 Comments

Gifting NannyPay?

Here at Essentia we are all software geeks but when we heard about a customer who asked his spouse if she would like a copy of NannyPay for Christmas, we nearly fell off our chairs.  His wife told him, “Don’t you ever, ever consider giving me software as a gift! Go put some thought into it! Remember when you bought me a calculator for my birthday. That didn’t go well, did it?”   Whoa, Ok, we know thinking of the right gift is not easy but maybe your spouse has a point.  A copy of NannyPay is not the most [...]

By |December 19th, 2018|NannyPay|0 Comments