Feb 20, 2024 | GTM Blog, Household Payroll & Taxes, Tax Season
It is tax season once again and you are getting ready to file or have your accountant prepare your personal return. If you employed a household worker last year – like a nanny, housekeeper, or senior caregiver – you may be wondering … what is Schedule H, and do I need to file it? Here is everything you need to know.
Feb 9, 2024 | GTM Blog, Hiring an Employee, Labor Laws, Newsworthy
The U.S. DOL recently released a final rule designed to reduce the risk of employees being misclassified as independent contractors, which can be an issue for families with household help. Here’s what this all means for household employers.
Feb 1, 2024 | GTM Blog, Household Payroll & Taxes, Newsworthy
New York Lieutenant Governor Antonio Delgado recently visited GTM headquarters in Clifton Park to meet with staff and discuss with company executives the top issues facing household employers.
Jan 12, 2024 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws, Tax Season
It’s tax season! And one of the first steps for household employers is to provide Form W-2 to their workers. They will need this document to file their personal tax return. Here is how to prepare and create a Form W-2 for your nanny.
Jan 5, 2024 | GTM Blog, Household Payroll & Taxes, Tax Season
Whether you put off nanny taxes until now or are just realizing you have a household employment tax obligation, now is time to catch up on your nanny taxes. While it is much easier to track nanny tax withholdings with each pay period, you can “catch up” at the end of the year. It will take a little more time and effort on your part. Here’s how to catch up on your nanny taxes as you prepare your 2023 taxes.
Dec 22, 2023 | Domestic Workers' Rights, GTM Blog, Tax & Wage Laws
Did you know that nearly half of U.S. states and dozen of cities and counties will boost their minimum wage rate at some point in 2024? Don’t get caught with a costly wage violation if your nanny’s pay rate slips below minimum wage.