| All You'll Ever Need to Know
Here's the fundamental issue that you need to consider. If you pay your household
employee more than $2,100 in 2018, you will more than likely need to file several
federal tax forms and if you pay your household employee more than $500 in any
one calendar quarter, you might need to file quarterly tax forms with your state.
Here's what we do. NannyTax LLC (was the first, we strongly believe) firm
in the country to specialize exclusively in working with household employers.
If you have ever heard of those big, big, big companies like ADP or Paychex, you
understand what we do but we work ONLY with and specialize in "hand-holding" household
Once you sign up with us, we will get you "on-line" with the Internal Revenue
Service, register you with you home state, get you all the forms to make you "Zoe
Baird" proof (just in case you want to be the next Attorney General of the United
States), do your tax calculations, give you some friendly insurance advice, and
answer all of your questions.
At that point we can either leave you alone until the end of each calendar
quarter or help you actually pay the nanny (or other household employees) each
week. At the end of the calendar quarter, we contact each and every one of our
clients to verify what the nanny was paid. Most clients respond to our emails
and faxes, but if we don't hear from you, we'll give you a phone call. Once we
verify the data, one to two weeks later you will receive a signature-ready package
of tax forms with pre-addressed envelopes and instructions attached to each form
and a complete set of copies for your files.Our year end service includes preparing
the W-2 forms and a Schedule H to hand to your accountant (you won't be billed
twice for the same work if you chose us!).
Our service is complete "soup-to-nuts".
Our fee structure includes a one-time set-up charge of $95. We typically bill
our clients $175 per quarter. For clients with one or two employees working in one state, our fee structure is fixed.
There are no hidden charges when you hire NannyTax LLC.