If you're considering hiring a live-in nanny, you want to be sure you understand every cost involved, from the hourly rate and overtime pay to room and board, taxes, benefits, and insurance. Our payroll partner GTM Payroll Services provides this guide to hiring a...
If you pay a nanny or other household employee more than a certain amount in a year, you are responsible for paying employment taxes. That amount is known as the "nanny tax threshold," and it's increasing in 2024. Our payroll partner, GTM Payroll Services, provides a...
When you have a great nanny, the last thing you want to think about is them leaving. But it happens, often unexpectedly, leaving a family not only scrambling to find a replacement, but to comfort the children who may have formed a real bond with their caregiver. But...
The 2023 National Nanny Recognition Week (NNRW) is September 24-30. NNRW is a week during which families, businesses, and the media will be encouraged to celebrate the positive aspects of the nanny profession, the important role nannies play in the lives of the...
A common mistake families make when hiring a nanny is to pay them as an independent contractor, not an employee. Our payroll partner GTM Payroll Services provides a look at why a nanny needs a W-2, not a 1099. One of the most common questions (and misunderstandings)...
One of the best ways a family can recruit and retain a high-quality nanny is by offering health benefits. But some plans can be very costly. However, there are pre-tax health benefits available that can cost almost nothing. Our payroll partner GTM Payroll Services...
You rely on your dedicated nanny to care for your children and maintain a harmonious household. However, nannies often face financial challenges, including the burden of student loan payments from their pursuit of higher education. As a compassionate employer, it is...
If your nanny drives their car while on the job, it’s a best practice to reimburse them for gas and mileage. Our payroll partners at GTM Payroll Services show you how to do it the right way and avoid any additional taxes for extra compensation. As part of your nanny’s...
School's out for summer, and many parents are faced with the challenge of arranging child care during this period. Whether you are a working parent or simply seeking engaging and safe activities for your child, there are several child care options available to meet...
