Was your nanny injured on the job? In New York State, you are required to have workers’ compensation insurance if you employ a nanny for at least 40 hours per week, or if you employ a live-in nanny. Why is workers’ compensation important? Besides coverage being the...
A common question we get from families that hire a nanny is if they can pay their nanny through their company's payroll. While doing so would certainly make things easier come tax time, the answer is almost always no - you cannot pay a nanny through a business...
Paying a nanny legally has never been more important, not just for the nanny, but for the family as well. As our payroll partner GTM Payroll Services reports, a U.S. appeals court unanimously ruled against a Florida family in an overtime pay case brought against them...
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...
Have you hired a senior care employee to work in your home? Follow this senior care payroll and tax guide to ensure you are compliant with employment rules. Step 1 - Determine if you have an employee or independent contractor The main difference between an employee...
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)...
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...
If you currently employ a nanny or other household worker, it's important to know that the minimum wage across New York State is going up again. The rate will gradually increase beginning on January 1, 2024. On May 3, 2023, Governor Hochul signed legislation to raise...
