Hidden Costs - Table of Contents.PNG
Nanny Tax - Cost Comparison Table.PNG
Hidden Costs - Table of Contents.PNG
Nanny Tax - Cost Comparison Table.PNG

Hidden Costs of a Babysitter or Nanny

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Did you know the IRS classifies a babysitter as a household employee if they are paid a certain amount annually? The “employment tax for household employees,” commonly called the “nanny tax” is very real. This guide walks you through the key elements you need to know to protect yourself financially, legally, and personally when hiring a babysitter or nanny.

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Did you know the IRS classifies a babysitter as a household employee if they are paid a certain amount annually? The “employment tax for household employees,” commonly called the “nanny tax” is very real. This guide walks you through the key elements you need to know to protect yourself financially, legally, and personally when hiring a babysitter or nanny.

Did you know the IRS classifies a babysitter as a household employee if they are paid a certain amount annually? The “employment tax for household employees,” commonly called the “nanny tax” is very real. This guide walks you through the key elements you need to know to protect yourself financially, legally, and personally when hiring a babysitter or nanny.