It's not too late for a rebate.
Working with nannies, you may get some questions about the economic stimulus tax rebate checks. Here's the scoop:
As of July 11th, the U.S. Treasury Department will have issued tax rebate payments to all taxpayers who 1) have a valid Social Security Number, 2) earned income between $3,000 and $75,000 in 2007 (up to $150,000 for married filing jointly), and 3) cannot be claimed as a dependent on someone else's tax return. These tax rebate checks were available only to those who are paid legally.
Checks will continue to be sent to all qualifying taxpayers who file a 2007 tax return by October 15th 2008. Luckily, there's still time for nannies who were paid "under the table" in 2007 to get caught up and receive their rebate check even if they've never filed a return in the past. For those employees who did not qualify for a tax rebate check in 2007, there will be an avenue to obtain the benefit when they file their 2008 tax return next year as long as they are paid legally in 2008.
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The Help Company was the first nanny agency in Los Angeles 25 years ago. Since then, we have expanded to serve a variety of personal staffing needs, placing nannies, housekeepers, personal assistants, estate managers, and eldercare professionals.
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The Help Company also offers you a premier list of consultants to train your domestic staff. Your house will run like a five star hotel in areas such as laundry, cooking, housekeeping, etiquette, and organization.
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