nanny tax rules

Do You Owe the Nanny Tax?

July 13th, 2021|Categories: Burns Firm, Child Tax Credit, Dallas CPA, IRS, Nanny Tax, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, Tax Withholding, The Burns Firm|Tags: CPA Dallas, Dallas CPA, do I need to report my nanny's wages, do I wihthold FICA from money I pay my nanny, do I withhold tax on payments to th nanny, how do I know if I owe nanny tax, nanny tax, nanny tax rules, tax preparer in Dallas, tax preparer near me, The Burns Firm, what are the nanny tax rules|

The COVID-19 pandemic has changed the dynamics of many households. In most cases, schools stopped or limited in-person instruction, causing many children to engage in at-home learning. Some families moved disabled [...]

Handle with Care: The Nanny Tax Rules

May 3rd, 2018|Categories: Accounting, Burns Firm, Law, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: Accounting, deductions, dependents, Employees, exemptions, expense, IRS, nanny tax rules, tax preparation, tax return, The Burns Firm|

When you hire a nanny, housekeeper or other domestic worker, pay close attention to the tax rules. Over the years, there have been news stories about political appointees and others [...]