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Childcare other than Daycare and Preschool
Reply to "Retroactively paying taxes for nanny"
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[quote=Anonymous]You can expect about a $5hr raise for her moving forward if you want her to have the same take home pay. As far as fixing previous years- the biggest thing to find out is if your nanny did not file taxes at all or did and just didn't report her income from your family. There will be pretty major fines and back taxes on both ends. You will both likely get audited and it could open a HUGE issue for your nanny (and all her previous employers) if she has been working under the table for many years. [/quote]
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