Make Sure You Report and Pay Nanny Taxes

Paying cash for a nanny is easy. However, that's not enough and it's not that simple. The IRS requires more. Tax professional and founder Kolonji Murray of tax preparation firm TaxAssurances explains some of the necessary reporting and tax payment requirements when it comes to hiring a nanny.
Furthermore, here is IRS guidance on hiring and paying nannies: www.irs.gov/ta...
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