Holiday gift/bonus as cash or Am Ex gift card?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: Cash is more flexible. Even if it is all in 20s, you can just write on the envelope the amount to save her trying to count it before she deposits.

I don't care what it says on the envelope..... I count all money before depositing it.

Same!

Um, ‘kay. Writing the amount on the envelope doesn’t preclude nanny from counting if she wants, but does address OP’s concern that all $20s would be an inconvenience. It gives an out. Your personal practices aren’t really relevant here, but congratulations, I guess?

[Anonymous]

Why are 20s an inconvenience? 100s are a much bigger inconvenience.

Now if you tried to give me a bonus in pennies, THAT would be an inconvenience...

[Anonymous]

Actually neither is legal and ethical. Bonuses are taxable income. Treat your nanny as a professional.

[Anonymous]

Anonymous wrote:Actually neither is legal and ethical. Bonuses are taxable income. Treat your nanny as a professional.

+1. I add my nanny's bonus to her paycheck. If you pay on the books normally, you should consider paying the bonus on the books too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Actually neither is legal and ethical. Bonuses are taxable income. Treat your nanny as a professional.

+1. I add my nanny's bonus to her paycheck. If you pay on the books normally, you should consider paying the bonus on the books too.

Ugh, I'm a tax lawyer and I pay my nanny's bonus in cash.