GTM Welcomes Families of A Mother’s Prayer!
Spend More Time with Your Family – Leave Household Tax and Payroll to Us
GTM Payroll Services will pay your nanny with direct deposit or check, withhold and remit taxes, and take care of any other compliance requirements like workers’ compensation insurance. All backed by an unparalleled level of customer service and support from a team of household employment experts.
Call us today at 800-929-9213 for a free, no-obligation consultation with Patrick DiFiore, one of our household employment experts.
Patrick will review your hiring situation and answer any questions you may have.
Don’t have time to talk now? Schedule a time with GTM.
GTM Makes Nanny Tax and Payroll Easier
Let us simplify your life with a complete solution for all your nanny payroll needs.
Only GTM offers one call for all:
Comprehensive payroll services – Online and mobile access to your client portal with free direct deposit.
100% guaranteed on-time tax filings – Quarterly, annual, state and federal taxes filed on time, every time.
Compliance with tax, wage and labor laws – Exceptional support team helps you stay legal, avoid fines and penalties, and protect your family and nanny.
Workers’ compensation insurance – A policy may be required in your state but we have you covered from obtaining your policy to managing audits and invoices.
Employee benefits – Attract and retain your best nannies with employee benefits like health, dental, and vision insurance; concierge medicine; retirement plans; and more.
Human Resources Support – Get help with employment best practice guidance and labor law compliance from a PHR-certified HR advisor.
The Benefits for You of Paying Nanny Taxes
- Attract Higher Quality Employees
- Work with a Happier Employee
- Avoid State and Federal Fines and Penalties
- Reduce the Risk of an Audit
- Take Advantage of Tax Savings
- Enjoy Peace of Mind
The Benefits for Your Employee of Being Paid “On the Books”
- Verifiable Income
- Legal Employment History
- Unemployment Benefits
- Social Security and Medicare Benefits
- Workers’ Compensation Benefits
Download: EasyPay for Nanny Tax & Payroll
Understand State Household Employment Laws
Household employers must pay nannies and household workers according to state regulations:
- Minimum Wage:
- In Maryland, the current minimum wage is $12.80/hour. For Montgomery County, the minimum wage is $14/hour for employers with 10 or fewer employees, increasing to $14.50 on July 1.
- In Ohio and Texas, the current minimum wage is $7.25/hour.
- In Virginia, the current minimum wage is $12/hour.
- In Washington, D.C., the current minimum wage is $16.10/hour.
- Workers’ Compensation:
- In Maryland, a household employer is required to have workers’ compensation insurance if their employee earns more than $1,000 in gross wages in a calendar quarter.
- In Ohio, household employers are required to have a workers’ compensation policy for any employee who earns $160 or more in any calendar quarter from one employer.
- In Texas and Virginia, household employers are not required to have workers’ compensation insurance. However, GTM strongly recommends obtaining a policy.
- In Washington, D.C., a household employer is required to have workers’ compensation insurance if their employee works 240 hours or more in a quarter. Contact GTM for a price quote.
- Overtime Rules:
- Hourly employees in Maryland are entitled to a special overtime pay rate of at least 1.5 times their regular hourly wage for all overtime worked, if they work more than 40 hours in a week. Overtime is also required for live-in employees.
- In Ohio, household employees are required to be paid at least time and a half for hours worked over 40 in a seven-day workweek. Overtime compensation is not required for live-in employees.
- Hourly employees in Texas are entitled to an overtime pay rate of at least 1.5 times their regular hourly wage for all overtime worked, if they work over 40 hours in a 7-day period. Overtime pay is not required for live-in employees.
- Hourly employees in Virginia and Washington, D.C. are entitled to a special overtime pay rate of at least 1.5 times their regular hourly wage for all overtime worked, if they work more than 40 hours in a week. Overtime is not required for live-in employees.