GTM’s Household Employment Blog
5 Nanny Tax Facts…or Myths?
Having a household employee can be a complicated situation; employers need to be aware of federal, state, and local tax and wage laws in order to stay compliant. There are many issues about which household employers may have questions - the list below answers some of...
Chicago Minimum Wage Increase
We recently posted our guide to all of the states with minimum wage increases, but one of America's largest cities also recently voted for an increase. Last month, the Chicago City Council approved an increase to $13 an hour by 2019. This Chicago minimum wage increase...
Household Employee Benefits Changes for 2015
The new year is underway, and if you offer your nanny or other household employee certain benefits, there have been several updates that you may need to know about. Please see below for some important household employee benefits changes for 2015. FSA, HSA, and 401(k)...
2015 State Minimum Wage Increases
With the start of the New Year, the minimum wage rate will be increasing in nearly half the states. The guide below shows the 2015 state minimum wage increases, but does not reflect specific monetary values for minimum wages for local jurisdictions (city, county,...
FUTA Tax for Household Employees
IMPORTANT NOTICE - Retroactive Payroll Tax Increase for 2014! Employers - including household employers - in seven (7) states will pay increased Federal Unemployment Tax (FUTA) retroactively for 2014, to repay state unemployment insurance loans due to the...
Individual Tax Breaks for 2014
On December 16, 2014, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House had passed on December 3. The act extends through December 31, 2014, certain tax relief provisions that expired at the end of 2013. Several of these provisions can...
FLSA Changes Affecting Caregivers and Employers
As of January 1, 2015, the Final Rule created under the Fair Labor Standards Act (FLSA) will require most direct care workers to receive federal minimum wage and overtime pay protections. Direct care workers are workers who provide home care services, such as home...
Holiday Gifts From Nanny to Parents
Every year during the holiday season, we provide a list of gift ideas for families that wish to recognize their nanny or other employee in a special way. But we have also heard from household employees who are looking for ideas for holiday gifts from nanny to parents....
Subscribe to our Blog
The weekly Household Employer Digest delivered to your inbox.