Tag: nanny tax

How Families Save Money By Paying Nannies Legally

By A New England Nanny 9 0

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 […]

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What is the Nanny Tax Threshold Increase for 2021?

By A New England Nanny 28 0

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 […]

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