GTM Household Blog
IRS Takes Aim at Nanny Tax Compliance
Billions of dollars in tax revenue is lost each year in unpaid “nanny taxes.” The IRS is taking notice of the nanny tax compliance issue and could be putting household employers on alert.
What Families Need to Know about Seattle’s Domestic Workers Bill of Rights
Seattle’s Domestic Workers’ Bill of Rights extends a number of labor protections to nannies, senior caregivers, and other in-home employees.
California Domestic Employment: What Families Need to Know
There are several nuances to California domestic employment tax, wage, and labor laws that can trip up many household employers. Here’s how to stay compliant with the law.
QSEHRA: Easy, Affordable Way to Help Your Nanny with Healthcare Costs
Setting up a QSEHRA for your nanny will help them pay health care costs including insurance premiums, copays, deductibles, and more. And it’s tax-free!
Form I-9 Audits on the Rise. Are You Compliant?
With Form I-9 audits on the rise, household employers are strongly encouraged to review their compliance practices as soon as possible to avoid costly fines.
4 Big Reasons Why You Should File Schedule H and Not Form 941
To reduce accounting issues, the risk of penalties and dual reporting, household employers should avoid filing Form 941 and use Schedule H instead.
Insurance Awareness: 8 Questions for Household Employers
Don’t wait for National Insurance Awareness Day! Household employers should check their compliance with the various coverage laws in their state. Not having the proper coverage can lead to thousands of dollars in fines and penalties and possible lawsuits.
Here are the New Minimum Wage Rates Effective July 1
Effective July 1, 2018, the minimum wage will increase in a number of states and localities. Domestic workers like nannies must be paid at least the highest hourly minimum wage of federal, state, and local rates.