Many families that employ a nanny choose to pay them “off the books,” or they simply may not be aware that once a nanny’s wages reach a certain level, employment taxes are required to be paid. Our payroll partners at GTM Payroll Services provide a look at the nanny tax threshold increase for 2021. The […]
READ MOREMinimum Wage Changes in 2020 for New York
By A New England Nanny 35 0Each year, new and amended laws impact employers in New York – including household employers – who need to stay on top of these changes to ensure they are compliant and aren’t subjected to penalties and fines. With that in mind, the minimum wage changes in 2020 for New York employers. Nannies, housekeepers, senior care companions, […]
READ MOREDependent Care FSAs Save You Money When Paying a Nanny
By A New England Nanny 38 0There are numerous reasons to pay a nanny “on the books” – you’ll recruit better candidates and keep them longer, you’ll avoid hefty fines and penalties for not paying employment taxes, and, notably, you can save money through a Dependent Care FSA (Flexible Spending Account). Our payroll partner GTM Payroll Services offers this guide to […]
READ MORENanny Tax Threshold Increasing for 2020
By A New England Nanny 24 0How does a family know whether or not they are legally obligated to pay employment taxes for their nanny or other household employee? The most telling factor is commonly referred to as the “nanny tax threshold.” This is the wage earnings amount by which the government determines if an employer must follow tax filing regulations. […]
READ MOREDomestic Employment Laws in New York State
By A New England Nanny 46 0When it comes to paying household employees, A New England Nanny recognizes that nannies, housekeepers, senior care workers, etc. are professionals who should be compensated legally by employers with the appropriate taxes and benefits in mind. When it comes to paying domestic workers, there are many nuances and details to know about domestic employment laws in New […]
READ MORE