The IRS has set the standard mileage rate for 2022 at 58.5 cents per mile. This is an increase from 56.5 cents in 2021. Per the IRS announcement, “the standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile.” Employers are not required to pay the IRS […]
The Social Security Administration has released the 2022 earnings threshold for employers of nannies and other household employees withholding FICA (Social Security and Medicare taxes). Unlike many industries, for household employment, FICA taxes are not withheld until the earnings threshold is met. Although the threshold represents the minimum that an employee must earn for FICA withholdings, it is important to note […]
Summer is here and many families will be hiring a nanny or other short-term employee 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 […]
The tax benefits for household employers who pay their employees “on the books” were given a boost with the recent passage of the American Rescue Plan. Household employers were always able to claim tax credits through contributing to their Dependent Care Flex Spending Account (FSA) and/or through the Child and Dependent Care Tax Credit, but […]
The coronavirus COVID-19 outbreak has resulted in an unsettling time for us all. As the pandemic continues, we want to assure you that NannyChex is operating normally. We are monitoring the outbreak and following the guidance of the Centers for Disease Control and Prevention (CDC) and state/local health agencies. We have implemented guidelines to keep […]
Mailing Address
NannyChex
PO Box 4278
Greenwood Village, CO 80155
Physical Address
NannyChex
6377 S. Revere Pkwy Suite 101
Centennial, CO 80111
Phone
Toll Free Nationwide
1-877-626-6924
Denver Metro Area
303-770-5570
303-770-9515 – Fax