Complicated Nanny Taxes Can Trip Up Families Reviewed by Momizat on . How to Determine Household Workers' Tax Status The so-called "nanny tax," which actually applies to any form of household employment, can be complicated for cli How to Determine Household Workers' Tax Status The so-called "nanny tax," which actually applies to any form of household employment, can be complicated for cli Rating: 0
You Are Here: Home » QuickPress » Complicated Nanny Taxes Can Trip Up Families

Complicated Nanny Taxes Can Trip Up Families

Nanny_taxHow to Determine Household Workers’ Tax Status

The so-called “nanny tax,” which actually applies to any form of household employment, can be complicated for clients to deal with.  A client is treated as an employer if he or she pays more than $2,000 to a household worker per year.  Whether that worker is an employee or an independent contractor depends on the nature of the business arrangement.  Karen DeMasters, of Financial Advisor, explains how to handle this often tricky situation.

To read the full article in Financial Advisor, click: Complicated Nanny Taxes Can Trip Up Families.

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

Number of Entries : 1573

©2017 NACVA and the Consultants' Training Institute • (800) 677-2009 • 5217 South State Street, Suite 400 Salt Lake City, UT USA 84107

event themes - theme rewards

UA-49898941-1
lw