A smart and simple way to save money on childcare – like wages paid to a nanny – is through a Dependent Care FSA offered through your employer. With many companies now holding open enrollment periods, now is the time to understand how they work and reduce your taxes.
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GTM Blog
Should You Vaccinate Your Child for COVID-19?
Vaccinating your children for COVID-19 protects other family members, helps them avoid serious illness even if they do get COVID-19, and keeps them in school and participating in their activities.
2022 Nanny Tax Threshold Released by Social Security Administration
The 2022 nanny tax threshold will be $2,400, a $100 increase over this year’s mark. If a household worker like a nanny, housekeeper, private teacher, or senior caregiver, earns $2,400 or more in cash wages next year, Social Security and Medicare taxes, must be paid by the family and the employee.
White House Unveils Vaccination Plan for 28 Million Children Ages 5 to 11
The White House vaccination plan aims to ensure that a vaccine, if authorized for children, is quickly distributed and made conveniently and equitably available to families across the country.
Nanny v. Babysitter: What’s the Difference?
What are the differences between a nanny and a babysitter? While both a nanny and babysitter provide childcare in the family’s home, their roles are quite different. Here is a breakdown of the differences between them so you can make the right hiring decision for your family.
Thinking about Getting a Puppy When you Employ a Nanny?
Getting a puppy can be a wonderful addition to your family. Your children can see many benefits when having a dog in the home like higher self-esteem and more compassion. Before you head down to the local animal shelter and adopt a pup, there are some considerations if you also employ a nanny to work in your home and care for your children.
Is it Safe for Pregnant Individuals to Get Vaccinated for COVID-19?
The Centers for Disease Control and Prevention recently strengthened its recommendation for pregnant individuals to get the COVID-19 vaccine as the agency strives to promote greater vaccination rates amid an increase in cases of the Delta variant. Here’s what you need to know.
Understanding the Delta Variant, Mask Guidelines, and Vaccinations
The CDC updated its mask guidelines as an emerging variant of COVID-19 known as Delta spreads across the country. Why is this variant concerning health experts? And what does it mean for vaccinated individuals?
Preparing for Your Return to the Office or Hybrid Schedule
Here are some steps to help parents make the transition to a full-time office return or hybrid schedule as seamless as possible.