{"id":4673,"date":"2014-04-22T18:11:42","date_gmt":"2014-04-22T18:11:42","guid":{"rendered":"https:\/\/www.momsbestfriend.com\/austin\/2014\/04\/22\/household-employer-responsibilities\/"},"modified":"2014-04-22T18:11:42","modified_gmt":"2014-04-22T18:11:42","slug":"household-employer-responsibilities","status":"publish","type":"post","link":"https:\/\/www.momsbestfriend.com\/austin\/2014\/04\/22\/household-employer-responsibilities\/","title":{"rendered":"Household Employer Responsibilities"},"content":{"rendered":"<p>After you hire a nanny, you can breathe a sigh of relief that your children will be well taken care of (phew!), but wait just a minute &#8211; you have now become a Household Employer! With this new role comes new tax responsibilities, rules to abide by and regulations that must be followed.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full rotatecw wp-image-4674 alignright\" alt=\"Blog Pic\" src=\"http:\/\/www.momsbestfriend.com\/austin\/wp-content\/uploads\/sites\/2\/2024\/07\/Blog-Pic.jpg\" width=\"245\" height=\"187\" \/><\/p>\n<p>This is the point where we highly recommend you contact <a href=\"http:\/\/www.breedlove.com\/\">Breedlove and Associates<\/a> (888.273.3356) &#8211; the experts in household employment. They can help you from A to Z, protecting you <!--more-->as an employer, avoiding any government fines, and\u00a0ensuring that your nanny receives Social Security and Medicare benefits, and has access to unemployment benefits if necessary.<\/p>\n<p>However, if you decide to go at it alone, you must learn about the household employers\u2019 tax laws. Breedlove has a <a href=\"http:\/\/www.breedlove.com\/UIObjects\/PDF\/TheHouseholdEmployersGuide.pdf\">comprehensive Household Employers Guide<\/a>\u00a0available to you, but here are some household employer compliance checklist items for your reference:<\/p>\n<ul>\n<li>Obtain household employer tax IDs<\/li>\n<li>File New Hire Report<\/li>\n<li>Calculate employee tax withholdings and track all federal and state employer taxes.<\/li>\n<li>Prepare and distribute Form W-2 at year end<\/li>\n<\/ul>\n<p>You may need to withhold (and pay) social security, Medicare, and all applicable state taxes from the employee&#8217;s pay. Income taxes should also be withheld in accordance with the employee&#8217;s Form W-4 selections. It is also very important that you keep your household staff\u2019s payroll separate from any business payroll you may have. It must be its own separate entity.<\/p>\n<p>It is definitely manageable to handle the process yourself, but if this all sounds overwhelming, we again encourage you to contact\u00a0<a href=\"http:\/\/www.breedlove.com\/\">Breedlove and Associates<\/a>\u00a0(888.273.3356)!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After you hire a nanny, you can breathe a sigh of relief that your children will be well taken care of (phew!), but wait just a minute &#8211; you have now become a Household Employer! With this new role comes new tax responsibilities, rules to abide by and regulations that must be followed. This is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68,174,35,108],"tags":[175,176,177,178,179],"class_list":["post-4673","post","type-post","status-publish","format-standard","hentry","category-household-employee","category-household-employer-taxes","category-nanny-employer-responsibilities","category-nanny-employer-taxes","tag-household-employer-responsibilities","tag-household-employer-taxes","tag-nanny-employer-responsibilities","tag-nanny-employer-tax","tag-nanny-employer-taxes"],"_links":{"self":[{"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/posts\/4673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/comments?post=4673"}],"version-history":[{"count":0,"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/posts\/4673\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/media?parent=4673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/categories?post=4673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.momsbestfriend.com\/austin\/wp-json\/wp\/v2\/tags?post=4673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}