by Trevor Sparks | Jun 23, 2022 | Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws
Summer is a popular time for minimum wage rate increases that apply to nannies and other household employees. It’s important to check the rate you’re paying a household worker to make sure it is not a wage violation. Rates are on the rise in several states and cities across the country.
by Trevor Sparks | Jun 3, 2022 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws
A new tax reporting rule on mobile payments – aimed at businesses that underreport their income – may be having an unintended impact on wealthy families. Here’s why and how household employers should respond.
by Trevor Sparks | May 27, 2022 | GTM Blog, Hiring an Employee, Household Payroll & Taxes
When you hire someone to work in your home, you become an employer. And with that designation comes employment tax responsibilities, which are commonly called “nanny taxes.” So how do you pay nanny taxes and make sure everything is correct? There are a few ways to tackle this including doing it yourself. If you’re ready to take this on, here are 7 steps to paying nanny taxes yourself.
by Trevor Sparks | May 25, 2022 | GTM Blog, Hiring an Employee, Household Payroll & Taxes
A nanny payroll service can make your life easier by removing the hassles of payday and taxes. But not all services are created equal. Here’s are six considerations to find the right service for your needs.
by Trevor Sparks | May 5, 2022 | Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws
Calculating nanny taxes is an important step when hiring an in-home caregiver for your children. It’ll help you understand your total budget for childcare beyond just the wages you’ll pay your nanny. Here’s what you need to know.
by Trevor Sparks | Apr 15, 2022 | GTM Blog, Hiring an Employee, Household Payroll & Taxes
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.