Nest Payroll Team 8/12/24 Nest Payroll Team 8/12/24

From Paycheck to Tax Return: A Nanny's Guide to Federal Income Tax Withholding

Discover how to navigate federal income tax withholding as a nanny. From understanding your W-4 form to utilizing the IRS Tax Withholding Estimator, this guide helps you ensure accurate tax deductions and avoid surprises at tax time.

Nest Payroll Team 1/4/24 Nest Payroll Team 1/4/24

8 Convincing Reasons to Catch Up on Back Wages and Nanny Taxes Now

In the world of household employment, paying nannies, housekeepers, and caregivers under the table is a common practice. However, the responsibility for tax compliance falls squarely on the employer. Here are 8 compelling reasons why catching up on the nanny tax is not just a legal obligation but a strategic move for your financial well-being.

Carol Corcoran 12/13/23 Carol Corcoran 12/13/23

Navigating Payroll Dilemmas: How to Address Resistance When Your Household Employee Prefers Off-the-Books Payment

Explore the reasons behind employee resistance to legal payment and gain valuable strategies to address their concerns. From fostering transparent communication to offering financial consultation, navigate the transition to legal payroll seamlessly, ensuring a positive employer-employee relationship while upholding ethical payment practices. Read on to unlock practical solutions and build a harmonious foundation for your household employment journey.

Nest Payroll Team 12/10/23 Nest Payroll Team 12/10/23

2024 IRS Update: Get back up to $1,200 in nanny or caregiver expenses through the Child Care Tax Credit

2024 IRS Update: Learn how to maximize savings with the Child Care Tax Credit

Nest Payroll Team 12/10/23 Nest Payroll Team 12/10/23

Launching Success: 12 Tips for Your Nanny's First Day

Embarking on a positive journey with your new nanny begins with a successful first day. In our latest blog post, 'Launching Success: Twelve Tips for Your Nanny's First Day,' discover essential advice to ensure a smooth and welcoming start. From communication strategies to creating a comfortable environment, empower your nanny and set the stage for a harmonious and productive working relationship and caregiver-family collaboration.

Nest Payroll Team 12/10/23 Nest Payroll Team 12/10/23

Smart Savings: How Dependent Care FSAs Cut Costs for Nanny and Caregiver Expenses

Discover the financial benefits of Dependent Care Flexible Spending Accounts (FSAs). Learn how these tax-advantaged accounts can help you save on eligible childcare expenses, providing a strategic way to manage family finances. Dive into the details of contribution limits, eligible expenses, and the potential tax savings that come with utilizing a Dependent Care FSA. Don't miss out on maximizing your tax benefits while ensuring quality care for your dependents.

Nest Payroll Team 9/13/23 Nest Payroll Team 9/13/23

Unlocking Savings: How Legal Nanny Payments Bring Tax Breaks and Credits Your Way

Investing in legal nanny payments not only ensures compliance but opens the door to significant tax breaks and credits. Discover how prioritizing legality in payroll can be a strategic financial move, offering both peace of mind and valuable savings for your family's future.