The “Nanny Tax” Must Be Paid for Nannies and Other Household Workers

nanny-tax

You may have heard of the “nanny tax.” But you may think it doesn’t apply to you if you don’t have a nanny. Check again. Hiring a housekeeper, gardener, or other household employee (who isn’t an independent contractor) may make you liable for federal income and other taxes. You may also have state tax obligations. […]