While paying nannies legally has become more the “norm” in recent years, some families still don’t understand the benefits to both them and their nanny from paying “on the books.” If you are a nanny and you come across a family that does not want to pay taxes for...
Occasionally a nanny or other household employee might find themselves in need of cash and may ask you, as their employer, for a loan. Is lending money to your nanny a good idea? Lending money to your nanny can be a tricky and delicate situation. On one hand, you may...
Hiring a nanny can be a daunting task, especially when done online. While there are many advantages to online nanny hiring, such as convenience, affordability, and flexibility, there are also risks involved. Using a nanny agency can be a better option than hiring a...
If you employ someone to work in your home like a nanny, housekeeper, or in-home senior caregiver, you need to be aware of household employment trends from rising minimum wage rates to increasing domestic worker protections. Our payroll partner, GTM Payroll Services,...
We have previously discussed the idea of guaranteed hours for a nanny. Another aspect of that is banking hours, when a family uses a nanny's guaranteed hours to make up for unworked hours. As our payroll partner GTM Payroll Services discusses, this practice is illegal...
The nanny tax threshold is the amount of money you pay a nanny or other household employee in a year that requires you to pay employment taxes. The 2023 nanny tax threshold is going up to $2,600. Our payroll partner GTM Payroll Services explains why this is important...
When you hire a full-time nanny, your cost goes beyond just their pay rate. There are many other factors to consider when planning your budget. Our payroll partner GTM Payroll Services provides this look at all the costs you need to be aware of when looking to hire a...
What can happen if you don't comply with household employment laws? It can cost you hundreds of thousands of dollars in fines, penalties, and payment of back wages. Our payroll partner, GTM Payroll Services, gives some recent examples of the importance of household...
While providing employee benefits is largely optional and seldom required by law, employee benefits greatly help the household employer attract and retain high-level nannies or other household employees. If you're looking for a recruiting advantage over other families...
