FAQ: How do I handle taxes for household employees like nannies?

Main Objective: Teach you the basics of how taxes are handled for household employees (spoiler alert: it’s way different than other 1099 contractors).

Description: In this episode, we dive into the tricky world of household employee taxes, often called "nanny taxes." We clarify that the IRS treats nannies and similar household workers as employees, not 1099 contractors, and break down the role of Schedule H for employer taxes—plus why those taxes aren’t deductible for the employer. Tune in to learn how to confidently guide clients through nanny tax complexities!