Do you give bonus in cash/check or though your payroll software?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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?

It is NOT tax evasion. You give your nanny a check or cash w/o taxing her. What kind of person are you to tax the ‘bonus’ ?!!! Common sense is something that some folks don’t have.

What kind of person am I? Someone who follows the law. Jesus lady. My husband could be disbarred for giving a cash bonus.

Attorney’s wife here and give a well deserved bonus (personal check) to our wonderful Nanny. The fact that you’re taxing your employee/caregiver is absolutely ridiculous. Check with your financial advisor and your accountant that giving bonus in form of cash/check it’s totally fine.
Perhaps, go to ATM/teller and withdraw cash? That ain’t taxable!!!

Attorney here. Your nanny is a household employee. Anything amount you give to her is taxable income should be treated as such. This is a really basic question. Like first day of personal income tax class in law school.

Whether people follow the law is a different question.

You sound like you are from the 1950s.

NP what does that even mean? Because she knows the law?