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Reply to "Annual Raise"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Shady that your agency would suggest you give your nanny an untaxed lump sum (which is illegal). We are increasing this year $2/hr (from $28 to $30). We do offer a monthly health insurance stipend which is tax free for us and our nanny.[/quote] Not illegal at all, it’s a bonus and not taxable. We usually give our nanny about 2k at the end of the year and Nordstrom gift card. [/quote] What are you talking about? Care to cite the IRS reg? It’s taxable, sorry… that’s like tax 101… [/quote]
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