We are looking at hiring a nanny for part time (3 days a week). Should we have a contract, if so how do we go about doing that. What about taxes?
A contract is a great way to make sure everyone involved is on the same page at all times. It's a great reference to talk about vacation days, car and house rules, cleaning responsibilities and general expectations on what you want your nanny to do when she's with your kids. It's also a great reference for the nanny, to just have things ironed out -- on paper -- from the get-go. Part-time or full-time, I recommend having a nanny contract in place.
All things that should be covered in a contract so there are no questions. We provide a list of topics in How to Write a Nanny Contract. Definitely check out the sample contracts for part-time nannies in this article too.
You should also check out the IRS website that focuses on nannies and other household employees.
It's tricky to get started, but will feel very worthwhile!