Tag Archives: nanny

Should You Be Withholding Taxes for your Nanny or Babysitter?

withholding tax for nanny

Many people have taken on a nanny or babysitter to help with childcare.  If you have a nanny, you may have more than a casual contractor engagement, you may have a household employee and you have become an employer.  Employers of household employees must obtain an employer identification number, pay Social Security, Medicare, and unemployment […]