Nannychex
Household Payroll and Tax Experts
Since 1995
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01/03/17 2017 - New Year, New laws

With the New Year comes new changes to payroll and tax laws. Today, we focus on minimum wage. ... [view full article]

12/30/16 Our Taxes Only Service

If you want assistance with your nanny taxes but prefer to write your employee's paychecks yourself, NannyChex has the perfect solution! Our Taxes Only service allows you to maintain the control and flexibility of paying your employee yourself while also benefiting from our payroll and tax expertise. You write the checks and we do the heavy lifting when it comes to the tax filings and year-end tax forms! ... [view full article]

12/28/16 IRS Releases 2017 W-4

The IRS has released the 2017 W-4. The start of a new year is a great time to review your earnings and tax situation and submit a new W-4 form to your employer if your personal circumstances have changed over the last 12 months. A new marital status, fewer or more dependents, and other personal details can change year to year and your tax withholdings should reflect your current circumstances. ... [view full article]

12/14/16 2017 IRS Mileage Rate

Gas prices have continued to remain low in 2016 which means a lower mileage reimbursement rate in 2017 if you use a car for business purposes. The IRS has set the standard mileage rate for 2016 at 53.5 cents per mile. ... [view full article]

11/21/16 Winter and Seasonal Household Employees

The days are getting shorter, the weather is cooling, the holidays are approaching, and many families are employing nannies and other short-term domestic workers for winter or seasonal employment. All employees, with very limited exceptions, require wage reporting and taxes to be withheld - this includes winter and seasonal nannies, part-time workers, and similar workers who don't fit the typical 9 to 5, year-round arrangement that people generally think about when it comes to payroll taxes. ... [view full article]

11/10/16 Election Results - Minimum Wage Edition

The election is over and despite the bulk of the attention being paid to elected officials, many states continued the growing trend of passing ballot measures to increase minimum wage. ... [view full article]

09/18/16 Taxes for Household Employers and Employees: An Overview

Summer is over, and many families are seeking household help. Whether it's an after-school sitter, a weekend caregiver, or an employee providing full-time or even 24 hour care, many families are employing domestic workers. Both employers and employees have the same questions, concerns, and frustrations with payroll taxes. Of course, no one likes paying taxes. But more than that, employees and employers often don't understand how the taxes are calculated and filed, or what benefit comes from paying taxes. Here's an overview to help: ... [view full article]

07/29/16 Negotiating a Pay Rate - Gross and Net Pay

"My nanny needs to take home $10 per hour." We hear this statement, or similar statements, every day. A household employer finds a nanny who is a great fit, they are ready to make an offer, and the nanny indicates she wants to take home a certain amount. Easy, right? Not so fast. Agreeing to pay an employee a net (after taxes), rather than a gross (before taxes) can create administrative headaches, financial frustrations for the employer and/or employee, and tax filing difficulties. ... [view full article]

06/08/16 Summer Nannies and Taxes

The days are longer (and warmer!), school is out, and many families are employing nannies and other short-term domestic workers for summer employment. All employees, with very limited exceptions, require wage reporting and taxes to be withheld - this includes summer nannies, part-time workers, seasonal employees, and similar workers who don't fit the typical 9 to 5, year-round arrangement that people generally think about when it comes to payroll taxes. ... [view full article]

05/31/16 Overtime Rules and Household Employees

The new rule is targeted at white collar workers, but many household employers and employees are wondering how they are impacted by this new rule and what they need to know about overtime laws. ... [view full article]

04/10/16 The I-9 Form and Ensuring Your Employee is Legal to Work

The I-9 Form is a US Citizenship and Immigration Service (USCIS) form and is used to verify an employee's identity and to confirm that the employee is legal to work in the country. ... [view full article]

02/20/16 Workers Compensation Insurance -Questions and Answers

Workers' compensation insurance should be considered by all household employers. Each state administers their own worker's compensation system and the requirements vary. ... [view full article]

01/14/16 Employee Income Tax Withholdings

Many household employers do extensive research prior to hiring their employee and a common, misleading piece of internet information that employers come across is that household employees, like nannies and caregivers, have the option to not pay income taxes. This simple statement is incomplete at best and simply wrong at worst. ... [view full article]

01/04/16 Employer Taxes?

"What do you mean I have to pay employer taxes?" ... [view full article]

12/28/15 Minimum Wage Changes for 2016

Minimum wage is being increased in many states and localities in 2016. ... [view full article]

12/20/15 2016 IRS Mileage Rate

Lower gas prices means a lower mileage reimbursement rate in 2016 if you use a car for business purposes ... [view full article]

12/15/15 2016 W-4 Released

The IRS has released the 2016 W-4. ... [view full article]

10/14/15 Tax Breaks for Household Employers

Household employers have two tax breaks available to them to help offset the costs of child/dependent care: ... [view full article]

09/28/15 Benefits of Paying On the Books

An increasing number of families are contacting NannyChex wishing to pay their nanny "on the books," but getting resistance from their nanny. ... [view full article]

09/08/15 Workers Compensation An Overview

Workers' compensation insurance is an important consideration for families who are employing a nanny or other household worker. Each state administers their own worker's compensation system and the requirements vary. ... [view full article]

08/15/15 The Risks of Paying Your Nanny Under the Table

Evading taxes is never a good idea and the "nanny tax" is no exception. Below are some considerations for families who choose not to pay their nanny legally: ... [view full article]

07/07/15 When hiring a nanny, should I offer a net or gross pay?

July 7, 2015 “My nanny needs to take home $10 per hour.” We hear this statement, or similar statements, every day.  A household employer finds a nanny who is a great fit, they are ready to ... [view full article]

07/01/15 Minimum Wage Increases Across the Country

July 1, 2015 The minimum wage for many workers around the US jumps today and many household employers and employee will be impacted by these new laws. Effective today: In Chicago, minimum wage increases to ... [view full article]

06/30/15 Paid Sick Time - New Laws for Households: Part 2: Massachusetts

June 30, 2015 In 2014, Massachusetts passed laws regarding mandatory, paid sick leave.  Paid sick time is a benefit that is common in many household employment arrangements, but it is generally not addressed specifically by state or ... [view full article]

06/30/15 Paid Sick Time - New Laws for Households: Part 1: California

June 30, 2015 In 2014, California passed laws regarding mandatory, paid sick leave.  Paid sick time is a benefit that is common in many household employment arrangements, but it is generally not addressed specifically by state or ... [view full article]

06/20/15 Oregon Domestic Workers Bill of Rights

June 20, 2015 Oregon has become the 5 th state to enact a bill of rights for domestic workers (joining California, New York, Hawaii, and Massachusetts).  The new law goes into effect January 1, 2016 and will ... [view full article]

05/01/15 Form 941 and Household Employment Taxes

May 1, 2015 Household employment is a complex and highly-nuanced section of the tax code.  The requirements for household employers are unique to them, and individuals, CPAs, and payroll service providers who attempt to treat household employment ... [view full article]

04/02/15 Massachusetts Domestic Workers Bill of Rights

Massachusetts has become the 4th state to enact a bill of rights for domestic workers (joining California, New York, and Hawaii). These laws aim to protect the rights of household workers and establish labor standards for nannies, caregivers, and other domestic workers. ... [view full article]

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