If you have been using online apps like Venmo or PayPal to pay your nanny or babysitter, a new tax reporting rule may cause you to reconsider. Our payroll partner, GTM Payroll Services, provides a look at the new requirements and the ramifications of using online apps...
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Payroll, Taxes & Labor Laws
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New Benefits and Protections for Domestic Workers in New York
Earlier this month, New York Governor Kathy Hochul signed into law two new bills that expand benefits and protections for domestic workers in the state. Both bills were introduced by Queens state Assemblywoman Jenifer Rajkumar. The first bill adds domestic workers to...
The Nanny Tax Threshold is Increasing in 2022 – Here’s Why That Matters
If you've recently hired a nanny, or are planning to hire one this or next year, you need to know the 2022 nanny tax threshold. That's when you are required to comply with household and tax laws. Our payroll partner GTM Payroll Services has the details so you can...
Tips for Nannies on How to Negotiate Wages with Your Family
When you are in the hiring process with a family, there are many considerations when calculating your wages. Your family needs to know the total cost of hiring a nanny. You want to know how much money you’ll be taking home at the end of the week. Here are some tips...
How the American Families Plan Could Impact Your Family
In a recent speech, President Joe Biden announced the American Families Plan, which is a proposed $1.8 trillion legislative package. The proposed bill includes an investment of around $1 trillion in families, education, and workers. The bill also includes around $800...
New York Employers Must Allow Leave for COVID-19 Vaccinations
New York has passed a law requiring employers to provide employees with paid leave for COVID-19 vaccinations. The law took effect immediately on passage on March 12, 2021, and expires Dec. 31, 2022. This includes household employers of nannies or other household...
How Families Save Money By Paying Nannies Legally
One of the most important reasons to pay your nanny "on the books" is to avoid the massive fines and penalties that can be assessed if you're caught. But did you know that families save money by paying nannies legally, especially in 2021? Our payroll partner GTM...
How the Biden Administration Could Affect Families and Nannies
It's a new year, and we have a new President, which means new policies are on the way. Our payroll partner GTM Payroll Services takes a look at how legislation from the Biden administration could affect families and nannies. With President Biden now in the White...
Here are the 2021 Minimum Wage Changes for New York
Household employers need to be aware of changes to employment laws to ensure compliance and avoid penalties and fines. Household employees, such as nannies, housekeepers, and senior care companions, must be paid at least the state minimum wage, which varies by...