Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Nanny Salaries & Taxes and other Nanny topics.
Nanny Taxes are a fact of life for household employers. Take the chore out of complying with nanny tax laws by using a tax software payroll program designed specifically for the employer. It calculates all federal and state withholding taxes for the current tax year for the nanny salary as well as print pay stubs and liability reports. The software will even print your payroll data directly on W-2 forms, making your year end tax reporting obligations a breeze.