It has become mandatory for today’s parents to hire a nanny for providing better care for their children. With this, parents have been finding many ways to get the right nanny. If you are one among them, then be careful to select a right nanny from a reputed nanny referral agency. As an employer, you should make sure that you provide the necessary benefits for the nanny. It is necessary to pay nanny taxes as a part of it. However, many parents do not consider it as a serious issue.
Respect your nanny and pay the taxes at the right time. This makes you feel good enough. Also, you can have a peace of mind without any worries from the nanny’s side. Many people think that the tax credits include higher costs. However, it is much lower.
Remember that it is illegal to skip the nanny tax. You have to be fair enough with the nanny as she is associated with the most important job, caring your child. As the safety of your kid is associated with the nanny, you should maintain a proper relation with her and pay the necessary taxes. Otherwise, this may have an effect on your child’s security and safety. It is better to deal with the mode of payment issues when writing a nanny contract. Decide if you are going to pay the nanny’s share of social security and medicare taxes, or removing it from her pay. Discuss it with her without which there may arise many problems. If the tax were forced, the nanny may charge higher wage in order to make up the losses. This, in turn, would be a problem for the families. So, make sure that you are legal and favorable in paying nanny taxes.