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...
Household employers struggle with their home being both a personal residence, and a workplace for others. The U.S. government enforces many laws and regulations that protect workers against discrimination, with many states and cities adopting workers’ rights laws...
In any type of job, employers must ensure they are protected from accusations of illegal employment practices. Household employers are no exception. Our payroll partner, GTM Payroll Services, provides this look at steps you can take to make sure you are following...
It's important for employers to know the legalities of employing a nanny or other household worker, but it's equally important for nannies to understand the benefits of being paid "on the books," and the consequences of not. Below are several FAQs that a nanny may...
If your nanny or other household employee gets married, changes her name, and asks you to start issuing paychecks in their married name, what are your record-keeping responsibilities? When an employee officially changes their name for marriage or any reason, the...
If you are a household employer in New York State, you may be required by law to provide and maintain workers’ compensation coverage for your nanny or other household employee. New York Workers' Compensation Requirements Household employers in New York are required to...
Are you hiring a summer nanny to care for your children? Or will you be taking advantage of the many day camp options available during the summertime school break? Whatever options you choose, the good news is that those additional expenses may help you qualify for a...
