Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, August 10, 1993                   TAG: 9308100040
SECTION: BUSINESS                    PAGE: B6   EDITION: METRO 
SOURCE: New York Daily News
DATELINE: NEW YORK                                LENGTH: Medium

RATHER NOT FALL AS ZOE FELL? TRY NANNYTAX

NannyTax Inc., which Goldberg founded in January, specializes in filing payroll tax forms for employers of household workers.

The fledgling business boasts dozens of clients, he says, and he continues to receive five or six consultation calls a day.

For clients, he files the host of forms every calendar quarter with federal, state and insurance agencies if necessary.

For each full-time domestic worker one of his clients employs, Goldberg said, he completes 20 to 25 forms annually - a task that is seen as a hassle by household employers who are professionals with hectic schedules.

"My clients call me and say, `My accountant doesn't do this,' " he said.

Secure in the niche he's found in the specialized household payroll-tax business, Goldberg seems to be riding the wave of national attention engendered by the domestic-help foibles that tripped attorney general candidates Zoe Baird and Kimba Wood.

"The IRS is not on a witch hunt," Goldberg said. "The IRS wants people to comply."

Not complying with the filing procedures could result in the employer paying back taxes, as well as penalties as high as 25 percent of the delinquent taxes, plus interest on the total sum, he said.

IRS spokesman Neil O'Keeffe said just 25 percent of the 2 million households employing domestic workers pay Social Security taxes.

NannyTax fees range from $45 to $100 per quarter, depending upon the number of employees, the frequency of tax deposits and the paperwork required.

"Failure to comply with these regulations can land you in serious trouble," Goldberg said.