Another advantage of paying your nanny legally? You can use a Dependent Care FSA – offered through your employer – to get tax-free reimbursements on a portion of your nanny’s wages. Here’s how they work when you’re paying a nanny.
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GTM Blog
What to Consider When Traveling with Your Nanny on Vacation
Taking your nanny on vacation is a luxury and can be quite expensive. Before asking them to join you, you need to think about their pay, expenses, accommodations, downtime, and other considerations.
What are Guaranteed Hours for a Nanny?
Guaranteed hours for a nanny, an industry standard in household employment, are the set number of hours your caregiver will be paid each week. Here’s how guaranteed hours work and why they benefit not only your nanny but your family as well.
Nanny Wants to Be Paid Under the Table?
The awesome nanny you plan to hire wants to be paid off the books. You know the risks but do you take a chance and go along with your nanny? Nannies, however, often don’t see the bigger picture when it comes to being paid legally and what benefits (both immediate and long-term) they may be missing. Here’s what to say to get them on board with legal pay.
How to File Schedule H
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.
Labor Dept. Revises Rules on Classifying Independent Contractors: What This Means for Household Employers
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.
New York Lt. Gov. Antonio Delgado Visits GTM, Discusses Top Employment Issues with Firm Execs
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.
How to Create a W-2 for Your Nanny
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.
State-by-State Guide to 2024 Minimum Wage Rate Increases
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.
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