Household Employment Videos

Enjoy these informational household employment videos that can help guide your decision making when hiring and employing a nanny, senior care aide, housekeeper or other domestic workers.

Household Payroll and Nanny Taxes Made Easy

The IRS estimates that it takes a household employer 60 hours each year to comply with all federal and state tax laws. The administrative tasks of payroll, tax, insurance, and compliance are time-consuming and may seem overwhelming. But that’s where GTM Payroll Services comes in.

 

How Do I File Nanny Taxes On My Own?

Handling nanny taxes on your own will take some time and effort. Here’s what you need to do. In fact, the IRS estimates that it will take a household employer 60 hours each year to comply with all federal and state tax, wage, and labor laws.

 

Do I Need to Pay Nanny Taxes?

You’ve hired a nanny, in-home senior care worker, housekeeper or some other employee to work in your home. Do you need to pay “nanny taxes” on your household employee?

 

How Can I Get Caught Not Paying Nanny Taxes?

It’s easy to get caught not paying the proper taxes when you have a household employee like a nanny. And you’ll end up paying much more in fines and penalties than in the actual tax responsibility you chose to ignore. Here’s how.

 

Is My Nanny an Employee or Independent Contractor?

Misclassifying your worker is considered tax evasion and can lead to costly fines and penalties. Over the years, the Department of Labor and IRS have increased their enforcement. So it’s important to understand the distinction. Let’s look at the differences.

 

Do I Need to Pay My Nanny Overtime and Minimum Wage?

Household employees like nannies, in-home senior caregivers, and housekeepers fall under the Fair Labor Standards Act. That means household employees must be paid at least the federal minimum wage and could be subject to overtime regulations.

 

Workers’ Compensation for Household Employers

Workers’ compensation insurance protects both you as the household employer and your employees in case of a work-related injury or illness. Coverage may be required by your state. Workers’ compensation covers your employees’ necessary medical bills and a portion of lost wages while protecting you from liability.

 

How to Compensate Your Nanny

How much you’ll pay your nanny is something you’ll want to figure out early in the process. Not after you decide on a candidate. This way there are no surprises for either side. What factors should influence your nanny’s compensation?

 

Retaining Your Nanny

Congratulations! You’ve found the perfect nanny for your family. Now you need to do everything you can to keep them on board as you don’t want to go through the hiring process again. Learn what nannies want from their families from benefits to work environment that will keep them engaged and satisfied.

 

Using an Agency or Online Job Site to Find a Nanny

When your family goes through an agency rather than a website to hire a nanny, you’re going to get a better quality nanny, one you’ll keep for longer, and you’ll spend less time finding the right match.

 

Hiring a Nanny

Planning on hiring a nanny? Here’s what other families experience during their search including what they look for in a nanny, time spent on the hiring process, and how they found their nanny.

 

7 Benefits of Paying Your Nanny Legally

Employ your nanny the right way. Here are seven ways household employment law compliance benefits and protects you, your family and your employee.

 

Benefits of Legal Pay for Nannies

Now more than ever legal pay for nannies and other household employees is essential. Being paid “on the books” offers financial protection if the worker loses their job or gets hurt while working as well as other benefits.

 

The Risks of Nanny Tax Mistakes for CPAs

There are many risks involved when a family hires an employee to work in their home even if you and your client are trying to get nanny taxes right. The dangers extend beyond fines and penalties. You could lose your client over nanny tax mistakes. But there is a better way.

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