There are two big problems with “nanny tax”.

One, most people who hire a babysitter don’t believe that they could be affected by “nanny tax”. It seems like it should only apply to families that have a live-in au pair or a full-time nanny. You just have a sitter cover an occasional date night and take care of the kids during the summer break. That doesn’t call for dealing with taxes, does it?

Budget, Financial TipsPhillip R. ChristensonMay 2, 2019Phillip James Financialfinance and kids, financial plan for a family

Just Married and Starting a Family - Role of The Financial Advisor

John and Sally have been married 5 years. The 35-year-old computer programmer works at a major software company, while Sally, 32, works part-time as a freelance photographer and full-time as the mother of a 3-year-old son and a 5-year-old daughter.

Financial PlanningPhillip R. ChristensonSeptember 26, 2017financial plan, financial planning, family planning, financial plan for a family, just married financial plan, newlywed financial plan