You have found a nanny that you are satisfied with. She takes great care of your children and you are sure they are safe. Now you have to handle the process of taking care of their paychecks. You have to make sure that all of the right taxes are taken out and that everything is legal for yourself and your nanny.
But because you are not an accountant; or do not specialize in this sort of thing, you are not sure where to start. Did you know there is payroll software for household employers of nannies and babysitters? In this article we are going to talk about nanny pay software.
NannyPay software is a great tool for household employers. It will work for all of the fifty states and will help you to withhold all of the taxes that you need to with hold and give you the exact amounts that must be with held every payday.
The NannyPay software will also give you a guide in all of the steps you must follow to be in tax compliance. It will even give you all of the IRS forms that you will need to begin.
NannyPay will allow you to download their software for one month to see if it works for you. If you are satisfied then you can purchase the download. Keep in mind that you will need to purchase an updated version of NannyPay each year.
There are two different editions of NannyPay. Fist there is the NannyPay Staff edition. This version will print out paychecks for you. It will also do reporting for you. This one is best used if you are going to have more than one household employee.
The NannyPay classic edition is better when you only have one nanny. It can also do paychecks and can do basic reporting.
Using the NannyPay software can save you a lot of money on having to hire an accountant to keep track of everything for you. This package will only cost you about a third of the cost a year that you would have to pay out to another service.
So if you have hired a nanny or are thinking of doing so soon you really should check this site out. It can save you a lot of headache, time and money; and at the same time everything will be done legal.