Hiring a nanny can provide much-needed support for families, but it also comes with specific financial responsibilities. One of those responsibilities is the “nanny tax,” a federal requirement that ...

Families who hire nannies might be responsible for remitting payroll taxes, depending on how much the nanny is paid. On the bright side, some of these taxes can be offset through tax breaks. There are ...

Understandably, you likely do not know about these clients so you may need to inform your customer base, or the families you know with young children who may employ a nanny, about the new ...

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If you personally employ a nanny, housekeeper, gardener or maid, you may have to pay payroll taxes. Learn when you should pay, what you should withhold and what forms you need to use. Properly ...

Want to know how people who pay domestic helpers under the table get caught for dodging the IRS? They run for office. Or get put on a list of potential nominees for a high-profile cabinet position. At ...