Thanks. |
We always gave our nanny a bonus (gift, really) in cash. |
Cash |
Cash |
If you want to do it above board, do it through the payroll software. |
payroll |
Cash.
Won’t it get taxed if it goes through payroll? |
Yes. Legally it’s supposed to be taxed. We always increased the bonus so that it would work out to 2 weeks gross pay after getting taxed. |
We never tax the bonus, must be given in personal check or cash. |
Must? |
Yeah…I hope this person is joking. Cash and check to avoid having taxes taken out is literally tax evasion, is illegal, and hopefully you and the nanny don’t get caught because what a headache. If you are paying wages through a payroll system to be on the up and up why would you avoid this at Christmas?? Put another way, how would you feel if your employer paid you a bonus under the table? |
I mean isn't your bonus given to you through payroll and taxed? |
Check. In my mind, it's a holiday gift; bonuses are not part of the employment contract, so no need to go through payroll. |
I hope that none of you saying cash/check have a clearance.
When we had a nanny, we did it through payroll and grossed it up. |
Legally, the bonus should be taxed. So we do it through payroll. |