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 Payroll Services shows you how legal pay may […]
READ MOREHere are the 2021 Minimum Wage Changes for New York
By A New England Nanny 61 0Household 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 location within New York state. With that in mind, here are the 2021 minimum wage […]
READ MOREWhat is the Nanny Tax Threshold Increase for 2021?
By A New England Nanny 28 0Many 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 56 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 56 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 42 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 71 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 […]
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