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Reply to "how do you handle babysitters wages?"
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[quote=Anonymous][quote=Anonymous] That being said, I have always been paid cash by the families I sit for on an occasional basis. If a family that I sit for occasionally wanted to pay taxes on the wages they paid me, I'd expect a higher hourly rate to compensate for the money I'd lose to taxes. [/quote] You don't lose money to taxes. You pay what you owe like everybody else. And odds are your income from occasional sitting isn't going to be enough that wouldn't get it back from the govt anyway. Occasional once in a while babysitters I wouldn't take out taxes bc to do so implies a lot of other accountability (hiring as an employee, ss, etc.). But for an occasional but consistent long term sitter where i would hit the caps I would. [/quote]
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