Tax Information

We’ve taken the work and worry out of the household employment obligations by partnering with Breedlove & Associates, the nation’s most respected household employment payroll & tax specialist.

Their comprehensive, guaranteed service handles all your “nanny tax” obligations, including:

• Register for federal and state tax accounts
• Complete and file New Hire Report
• Calculate the correct amount of taxes to withhold each pay period
• Track gross pay, net pay, and taxes withheld
• Prepare state tax returns and remit taxes quarterly
• Prepare federal tax estimates four times per year and remit both the employer and employee taxes
• Prepare year-end summaries to state tax agencies
• Prepare Form W-2 and distribute to your employee (and any former employees who had wages during that calendar year)
• Prepare Form W-3 and send to the Social Security Administration (along with Form W-2 Copy A)
• Prepare Schedule H to accompany your personal federal income tax return
• Respond to IRS and state notices/inquiries
• Monitor ever-changing household employment tax law

IMPORTANT NOTE FOR EMPLOYERS OF TEMPORARY NANNIES:

If you pay any single individual less than $1,900 (2015) in a calendar year, you are exempt from the nanny tax obligations listed above. However, you are still legally considered a household employer and, therefore, must meet all applicable labor laws.

For more information about your obligations as a household employer and Breedlove’s No-Work, No-Worry service, visit their website.

Free Phone Orientation

As a Hometown Nannies client, we’ve arranged for you to receive a complimentary phone orientation at your convenience. You don’t need an appointment. Just call 1-888-273-3356 and a Breedlove expert will assess your individual situation, run payroll & budget scenarios, help you capitalize on tax breaks and answer any questions you may have.

We encourage you to take advantage of this valuable guidance. Whether you use Breedlove’s comprehensive service or not, we’ve found that this quick phone call helps families avoid tax and legal mistakes that can be expensive and time consuming. Just give them a call Monday – Friday anytime between 6:00am and 4:00pm and let them know you’re a Nannies client.