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Tax Season Countdown Tax Tips: Tip #3 You Might Owe the “Nanny Tax”

 

 

As a NJ CPA firm and and NY CPA  firm, we are dedicated with providing you the latest tax tips this season.  Our tax tip for today is:

If you had a housekeeper, nanny, gardener, or other household worker help out in 2012, you may have payroll tax obligations (commonly called the “nanny tax”). These payroll taxes apply if you paid a household worker $1,800 or more in 2012. You have filing obligations that must be met by January 31, 2013.

For assistance with this or other tax or accounting matters please contact us at 201-947-8081 or 646-688-2807, or email us at info@bergencountycpa.com.

 

 

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