Nanny Tax Service applies to people who employ housekeepers, nannies and cooks. They make sure you have all the forms and information you need before tax time and keep you up to date all year long. They charge an annual fee of between $450 and $1320 depending on how much they do for you.
You can use Nanny Tax Prep and Nanny Pay for nanny tax software. These can be found at www.nannytaxprep.com and www.nannypay.com/products/. There are a few other places to look.
Nanny tax can be difficult to figure out especially if you are new to the nanny industry. Having a nanny can lower your taxes though. The best software out there to figure out nanny tax is TurboTax. Try it.
You can actually review local Nanny Tax Services online at www.yelp.com or even www.amazon.com. This allows you to see what other user's experiences have been. You can go onto google and type in find reviews about nanny tax service and you will end up with 220,000 results. A good place to go and look would be findarticles.com/p/articles/mi_m1318/ai_20770465, or you can try info.4nannytaxes.com. There is an article on www.nytimes.com/2009/01/24/your-money/taxes/24money.html and it will tell you about a whole bunch of nanny tax services and will suggest what services you should you and why you should use them and why you should do the nanny tax.
The nanny tax ensures that you are paying taxes on what you are paying a nanny. This was instituted by the IRS. The nanny tax is a tax you must pay if you have a nanny or a frequenty babysitter that you have paid more than $1,700 to in total during the year 2009. At the end of the year you must provide a W2 form to your nanny where it details how much of her income went to taxes, she must then add this information to her tax return.
Nanny Tax Service applies to people who employ housekeepers, nannies and cooks. They make sure you have all the forms and information you need before tax time and keep you up to date all year long. They charge an annual fee of between $450 and $1320 depending on how much they do for you.
A nanny tax is a tax that the federal government imposes on people who employ live-in help. This would include babysitters, cooks, maids, gardeners, etc.
Nanny Tax Service applies to people who employ housekeepers, nannies and cooks. They make sure you have all the forms and information you need before tax time and keep you up to date all year long. They charge an annual fee of between $450 and $1320 depending on how much they do for you.
you could use a service like sittercity.com
A Nanny Tax calculator does not have to be purchased. They are free of charge at a few websites. They can be found at the Care website, Smartmoney website or even the IRS website.
the tax imposed on the service providers by the govt. is called service tax
no service tax is not a direct tax. b'coz direct tax is directly imposed on person and it can't be transfered on the other person. Service tax is levied on service provided and it is levied and collected from clients. so service tax is an Indirect Tax.
If you do not want to pay service tax, then you should not obtain services that have a service tax. Service tax is a tax on certain services. The amount of services is increasing.