The IRS has increased the standard mileage rate for 2023. Household employers can use this rate to calculate the reimbursable costs of a worker operating their own car while on the job.
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GTM Blog
Celebrating MLK Day with Your Children: Resources for Families and Nannies
Here are some ideas and resources for you and your nanny to recognize Martin Luther King Day with children and community engagement activities to honor Dr. King.
IRS Delays Implementation of New Tax Reporting Threshold for Mobile Payments
The IRS is delaying the implementation of a new tax reporting threshold for mobile payments that was set to take effect for the upcoming tax filing season. Here’s what it means for babysitters and household employees.
8 Household Employment Trends to Watch in 2023
What can household employers expect in 2023? From rising minimum wage rates to increasing domestic worker protections, here are eight household employment trends to watch if you employ someone to work in your home.
Best of 2022: Top 10 Most Popular Household Employment Blog Posts
From a new tax reporting rule to understanding guaranteed hours and banking hours, here are our most popular blog posts of 2022.
4 Steps to Help Prevent Burnout During the Holidays
Burnout during the holidays is common, but you don’t have to suffer. Even though levels of burnout are high, there are ways to help avoid burnout and manage it so you can enjoy all of the family fun and festivities. Here are four tips to help prevent burnout during the holiday season.
IRS Provides Tax Inflation Adjustments for Tax Year 2023
The IRS recently announced tax year 2023 annual tax inflation adjustments, including tax rate schedules. These adjustments generally apply to tax returns filed in 2024. Here are some of the other highlights.
Nanny Tax Threshold on the Rise Again for 2023
The 2023 nanny tax threshold will be $2,600. Here’s what that means for families with household help like nannies, housekeepers, and senior caregivers.
Qualified Transportation Fringe Benefit Limits to Increase in 2023
The IRS has released its cost-of-living adjustments for employee-qualified transportation fringe benefits for the 2023 tax year.