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Employer Issues
Reply to "If the nanny share is not in your home..."
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[quote=Anonymous]It doesn't matter that someone set up the share and you are joining mid-stream, or that you don't have the power to fire the nanny. You and the other parents are considered "joint" employers by the IRS, and you are, as a group, required to make sure that all labor laws are followed. You owe the taxes on your share. The two areas where you pay as a group would likely be unemployment insurance (divided equally three ways, but not paid on the first $7500 from each family), and workman's comp (you only need one policy). BTW, the IRS doesn't care if licensing is required. They only care if you follow federal tax and employment law. It's your state you'd have to deal with if the share is illegal.[/quote]
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