{"id":81,"date":"2014-02-25T00:00:00","date_gmt":"2014-02-25T00:00:00","guid":{"rendered":"https:\/\/s37407.p1377.sites.pressdns.com\/homepay\/having-the-money-talk-with-your-employer\/"},"modified":"2014-02-25T00:00:00","modified_gmt":"2014-02-25T00:00:00","slug":"having-the-money-talk-with-your-employer","status":"publish","type":"post","link":"https:\/\/www.care.com\/hp\/having-the-money-talk-with-your-employer\/","title":{"rendered":"Having the Money Talk with Your Employer"},"content":{"rendered":"<p>You just found your perfect job. The family&rsquo;s expectations of you line up with the way you prefer to work and you get along with them. There&rsquo;s only one small hiccup&mdash;you want the benefits that come with professional pay, but they&rsquo;ve never paid employer taxes before and aren&rsquo;t sure if they want or can afford to. So how do you go about convincing them to pay you professionally?<\/p><h3>1. Explain the benefits of legal pay<\/h3><p>Taxes withheld from your pay make it easier to qualify for the short-term and long-term <a href=\"\/p1017-qxid%7C1402251526.html\">benefits<\/a> other workers enjoy&mdash;such as Social Security &amp; Medicare benefits when you retire, unemployment insurance, access to healthcare subsidies and a verifiable employment history that&rsquo;s required for obtaining loans and credit. Professional pay also protects both you and your employer if you get audited.<\/p><h3>2. Offer resources to help<\/h3><p>One of the main reasons families don&rsquo;t pay nanny taxes is because they&rsquo;re not tax and payroll experts and don&rsquo;t know what to do. You can help ease their worry by sharing information with them <a href=\"\/p1017-qxid%7C07101440.html\">about nanny taxes<\/a> and even what <a href=\"https:\/\/www.myhomepay.com\/Answers\/RequirementsByState.aspx\">specific requirements<\/a> they&rsquo;ll have in the state you live in. And if they&rsquo;re worried about the work involved, let them know that Care.com&reg; HomePay, provided by Breedlove can handle the entire process for them&mdash; and provide a <a href=\"\/p1017-qxid%7C1402251536.html\">complimentary consultation<\/a>.<\/p><p>Families also may have concerns about the cost of paying legally. If so, they&rsquo;ll probably be pleasantly surprised to learn that tax breaks can sometimes offset most, if not all, of their employer tax costs. Our <a href=\"\/homepay\/nanny-paycheck-calculator\">Employer Budget Calculator<\/a> will help them see that nanny taxes may cost less than they think.<\/p><h3>3. Talk about what your pay should look like<\/h3><p>Professional pay is based on &ldquo;gross wages&rdquo; (before taxes) rather than &ldquo;net pay&rdquo; (after taxes). If a family is offering you a given net pay, you can simply convert that to a gross amount using our <a href=\"\/homepay\/nanny-tax-calculator\">Employee Paycheck Calculator<\/a>. For example, if you&rsquo;d like a &ldquo;take-home&rdquo; pay of $500 a week, you may ask for a gross wage of $616. (The gross wage is dependent on your income tax withholding elections). Here&rsquo;s an example you can use:<\/p><p>Gross Wage:<\/p><p>$616.00<\/p><p>Social Security &amp; Medicare<\/p><p>$47.12<\/p><p>Income Tax<\/p><p>$68.72<\/p><p>Total Tax Withholdings<\/p><p>$115.84<\/p><p>NET PAY<\/p><p>$500.16<\/p><h5>&nbsp;<\/h5><h5><strong>*<\/strong> The tax information contained in this article should not be used for any actual nanny relationship without the advice and guidance of a professional tax adviser who is familiar with all the relevant facts. The information contained herein is general in nature and is not intended as legal, tax or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for your specific circumstances and may require consideration of other matters.<\/h5>","protected":false},"excerpt":{"rendered":"<p>It can be tough to talk to a family about payroll and taxes. Learn how to approach the subject professionally and give sound advice.<\/p>\n","protected":false},"author":1299,"featured_media":1285,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"enable_toc":false,"care_reviewed_by":0,"care_post_updated_flag":false,"care_updated_date":"","last_update":"2014-02-25","view_count":159,"footnotes":""},"categories":[1],"tags":[],"member-type":[37],"vertical":[3],"platform":[11],"class_list":["post-81","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","member-type-provider","vertical-children","platform-homepay"],"acf":[],"created":null,"_links":{"self":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts\/81","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/users\/1299"}],"replies":[{"embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/comments?post=81"}],"version-history":[{"count":0,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/posts\/81\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/media\/1285"}],"wp:attachment":[{"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/media?parent=81"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/categories?post=81"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/tags?post=81"},{"taxonomy":"member-type","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/member-type?post=81"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/vertical?post=81"},{"taxonomy":"platform","embeddable":true,"href":"https:\/\/www.care.com\/hp\/wp-json\/wp\/v2\/platform?post=81"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}