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re: Help me with this nanny situation OT

Posted on 4/10/14 at 2:16 pm to
Posted by Pax Regis
Alabama
Member since Sep 2007
12977 posts
Posted on 4/10/14 at 2:16 pm to
quote:

Also form and LLC, and subcontract the nanny to watch the kids. You will be taking a %. This will help her get by and teach her how real life works.


And spend more money filing a tax return and formation papers than you make off the deal. That doesn't sound like a viable solution. Not to mention the whole running an illegal daycare out of your home business.
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