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Reply to "Are there any nanny agencies that serve as the employer for part time nannies? "
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[quote=Anonymous]The higher rate you’d pay would only benefit the company. In most cases, “agencies” that do this will charge you $30+ per hour, then pay the “nanny” about $15/hour. The “agencies” then give their employees 1099’s in January. That screws the “nannies” over and forces them to pay self-employment taxes. So they lose 15.3% of the $15/hour they earned off the top before paying federal/state/local taxes. As a nanny employer, the easiest way to handle taxes is to hire a payroll company. You can choose a package that has them do everything for you. Then the person you hire is paid legally with a W4/W2. [/quote]
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