8/4/2023 0 Comments Nannypay discountSurePayroll promises that the taxes it helps you calculate (or the taxes it files for you) are accurate. Since it handles taxes for you, SurePayroll also includes a tax filing guarantee. With SurePayroll’s auto-payroll feature, you don’t have to remember to pay your employee on time-the software does it automatically. Its nanny payroll service is both comprehensive and fully automated: SurePayroll calculates, deducts, and files nanny taxes, then automatically pays your nanny via direct deposit. ![]() SurePayroll is hands-down the best choice for paying your nanny correctly and on time with minimal effort on your part. The options we review below run the full range, from completely DIY nanny payroll to fully featured, totally automated software. Or, if you'd rather run payroll yourself, DIY software can calculate household employment taxes and set up direct deposit, then leave the actual payroll tax filing to you. The most fully featured payroll programs will calculate your nanny's paycheck, withhold the right amount of taxes, deposit the paycheck in your employee's account, prefill the quarterly and end-of-year tax forms you need to submit with your employee's taxes, and more. If you think that sounds overwhelming at best, great news: nanny payroll software can take as many of these tasks as you'd like off your plate. Applying for an employer identification number ( EIN), which the government uses to recognize your business.Sending required new hire documents to state authorities.Filing those taxes and their associated paperwork with the federal government each quarter.Calculating the right amount of payroll taxes to withhold from your employee's paycheck. ![]() ![]() You'll play the same role as a traditional employer in some key ways: Have you just hired a household employee (like a nanny, gardener, cook, in-home nurse, or tutor) who will earn at least $2,400 from you this year? The federal government now considers you an employer, and that role comes with a host of new tax obligations.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |