Why is Savvy Nanny Payroll Services Listed as a Contractor on my Account?

To make billing as seamless and easy as possible, Savvy Nanny Payroll Services pulls the monthly $29.99 fee from the same account you designate to pay taxes and your nanny (if you choose direct deposit). We will be attached to your account as a contractor. This keeps our costs low and provides a no-worry method for you to pay us. You will not need to issue Savvy Nanny Payroll Services a 1099-MISC at the end of the year, because at $29.99/month you will not meet the IRS minimum threshold of paying out $600 a year for our services. We attach ourselves as a contractor merely for our mutual billing convenience. If, by some rare event, you should pay out more than $600 a year to Savvy Nanny Payroll Services, a 1099-MISC will be automatically generated for you to send to the IRS with a click of a mouse. And of course, should your account generate a 1099-MISC, you will owe no additional taxes as Savvy Nanny Payroll Services is only a contractor.

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