Housecleaning Lawn Care Handyman
Ok, we are all about saving time. We hope we can save you some with our services or with our blog. I started More Time for You as a concierge service in 1999. Since then, we have grown into a very large family owned house cleaning, lawn care and handyman service. We are based in Powell Ohio and serve the surrounding communities, including, Dubin, Lewis Center, Upper Arlington Worthington and Columbus.
The Household Employment Tax Form: The Pitfalls of the Schedule H
A housekeeper can be a real lifesaver when it comes to keeping your home clean. After all, life just seems to get busier and busier, and finding the time to clean is becoming increasingly difficult. However, with all this concern about time, you should also consider how much time you have to spare around tax time. After all, it just adds on paperwork when you hire your own employees at home, including:
Housekeepers
Nannies
Cooks
Any household employee you paid $1,700 in wages or more
When you employ help in your home, it is your responsibility to pay the household employment tax by filing a Schedule H. The nanny tax is the same thing as standard employment taxes paid by all workers, and it’s made up of social security and Medicare, also known as FICA, the federal unemployment tax, and state unemployment and disability insurance taxes.
Taxes are already complicated enough, so why would you want to make them even more complicated by adding on a household employment tax? There is a very easy way to avoid all the hassle and the risk, and that’s by hiring a company that has its own employees, like More Time for You.
By hiring a company that employs handyman, housekeepers, nannies, and other household employees for you, you avoid having to fill out the paperwork for the nanny tax. Instead, you hire the company like you would any other kind of contractor, and you are not responsible for filing this information on your taxes. After all, no one likes to make things more complicated than they already are. It is much easier to hire a contractor that does its own payroll than to have to worry about payroll and the household employment tax on your own. Also a trusted contractor carries far less risk because you know the reputation of the company you are hiring and don’t have to worry about running your own background checks.
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