Senior Care Payroll and Tax Service

Jun 17, 2014 | Household Payroll & Taxes, Senior Care

senior care payrollDid you know?

As a household employer, if you pay cash wages of $1,900 (2014) or more to your employee – whether it’s a nanny, senior care worker, or any other household employee – you must withhold Social Security and Medicare taxes. If you employ a senior care provider, you are required by law to administer senior care payroll and tax deductions. This can be a complex and time-consuming process that involves:

  • Completing IRS Forms
  • Researching labor and tax laws
  • Registering for federal and state tax accounts
  • Calculating accurate tax withholding for each paycheck
  • Preparing and filing state and federal tax returns

GTM Payroll Services helps you:

  • Eliminate penalties, interest, or costs of unneeded accounting or legal fees
  • Save time and money in your role as an employer
  • Track and administer your senior care professional’s paycheck
  • Withhold taxes and file timely, accurate tax returns
  • Qualify for tax breaks and credits
  • Stay informed on new and changing tax laws

Choosing GTM for your payroll needs allows you to focus on more important things, like the care of your loved ones. GTM Payroll Services offers a simple and easy way to handle all of the senior care payroll and tax preparation. You will also receive the best service and advice for your payroll and tax issues to make your life easier when employing a senior care professional.

We save you time, money, and the hassle of processing payroll for your employee. GTM is the leading household payroll service, and we have made it our mission to know about every detail of the household payroll and tax process, so you don’t have to.

For more information, contact us at (888) 432-7972.

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