Feb 9, 2024 | GTM Blog, Hiring an Employee, Labor Laws, Newsworthy
The U.S. DOL recently released a final rule designed to reduce the risk of employees being misclassified as independent contractors, which can be an issue for families with household help. Here’s what this all means for household employers.
Apr 24, 2023 | GTM Blog, Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws, Tax Season
One of the most common questions (and misunderstandings) surrounding household employment is whether a family can provide their nanny a 1099 at tax time and consider them an independent contractor rather than a household employee. The short answer is “no.” Here’s why and answers to other questions you may have.
Mar 30, 2023 | Hiring an Employee, Household Payroll & Taxes, Newsworthy
The International Nanny Association just released its latest Salary and Benefits Survey and the trends show that more and more nannies are being paid legally and gaining the standard benefits found in traditional workplaces. This means families may find it increasingly difficult to hire a nanny “off the books.” Here are our seven observations from the survey.
Mar 24, 2023 | Hiring an Employee, Household Payroll & Taxes, Tax Season
When preparing your personal tax return, you may be looking for ways to reduce your tax obligation. Can you claim your nanny’s wages for a tax break? Before filing your tax return, here are 8 questions (and one bonus question) to determine if you qualify for tax breaks.
Nov 21, 2018 | Employee Benefits, Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws
Independent contractor or employee? Worker classification is an important first step in the professional relationship between a family and nanny. So it’s critical to get it right.