how do i do a nanny contract for only partial payment on the books?

[Anonymous]

Why don't you offer to pay for her health/dental/vision insurance instead of paying the cash amount? Both are nontaxable to both of you. You could also pay into an IRA for her. There are ways to compensate a nanny without doing it illegally.

[Anonymous]

My new NF pays me 60% on the books and 40% off. I didn't realize this was wrong. Are they trying to get away with something here?

[Anonymous]

I think this is more common than some think

[Anonymous]

If she isn't insisting on a contract, write one with minimum wage and have her sign it and don't make her a copy. If there's a legal issue she will never be able to prove that you paid more than the contract stated.

If you wrote the true wage then she could use the checks to show that you underpaid her and sue you for more money.

You can also write a contract that doesn't specifically mention salary. Just say she will be paid the agreed rate and include terms like vacation etc.

[Anonymous]

I hope you get caught and throw the book at you.

[Anonymous]

Anonymous wrote:Here is an idea!

Pay legally

Oh goodness.

It's the Tax Police here.

Forget the Puritan attitude of some of these posters on here.

If they don't like what you are asking, they need to just keep on scrolling to the next question.

[Anonymous]

Anonymous wrote:My new NF pays me 60% on the books and 40% off. I didn't realize this was wrong. Are they trying to get away with something here?

Yes. They are trying to get away with paying less taxes. You also have been "getting away" with paying less taxes.

[Anonymous]

Why would you hire a nanny who is pushing you to break the law for her?

Is that really the best you can do for your baby?!

You put yourself at risk and any professional license or security clearance either of you might have. Beyond stupid.

And when she goes to claim unemployment or SS and realizes she gets more if she earned more? You could then have to back pay her if she can prove you agreed to an amount and you werent paying it via payroll and fees/penalties. Just dumb.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Here is an idea!

Pay legally

Oh goodness.

It's the Tax Police here.

Forget the Puritan attitude of some of these posters on here.

If they don't like what you are asking, they need to just keep on scrolling to the next question.

Better to get honest feedback here then a phone call from the IRS