Contact Paul +

Time limit is exhausted. Please reload CAPTCHA.

Nanny tax

Nanny tax threshold increases to $2,000 for 2016

Nanny tax threshold increases to $2,000 for 2016

The Social Security Administration has announced that, for 2016, cash remuneration paid by an employer for domestic service in the employer’s private home isn’t FICA wages if the amount paid during the year is less than $2,000 (up from $1,900 for 2015). See ssa.gov/OACT/COLA/CovThresh.html Note: The dollar threshold applies separately to each domestic employee.  

Read the full article →

Nanny tax threshold remains at $1,900 for 2015

Nanny tax threshold remains at $1,900 for 2015

The Social Security Administration has announced that for 2015, cash remuneration paid by an employer for domestic service in the employer’s private home isn’t FICA wages if the amount paid during the year is less than $1,900 (same as for 2014). Note: The dollar threshold applies separately to each domestic employee

Read the full article →

Nanny tax threshold increases to $1,900 for 2014

Nanny tax threshold increases to $1,900 for 2014

Editor’s Note:  I previously blogged on the Nanny Tax threshhold for 2013.  For tax year 2014, the Social Security Administration has announced that cash remuneration paid by an employer for domestic service in the employer’s private home isn’t FICA wages if the amount paid during the year is less than $1,900 (up from $1,800 for […]

Read the full article →

‘Nanny Tax’ Offenders Get a Break From IRS

‘Nanny Tax’ Offenders Get a Break From IRS

As reported in the WS Journal, employing a nanny or other household workers can open a can of worms with the Internal Revenue Service, but the agency wants to make it easier for people who mishandle taxes for their hired help to put things right.  The tax-preparation season is a time when questions often surface […]

Read the full article →
Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

Read More

Connect With Paul on Social Media

Practice Areas & Information

Certifications &
Associations
Member CA Bar Member Orange County Bar US Tax Court Attorney