by Trevor Sparks | Jan 7, 2022 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws, Tax Season
Whether you put off nanny taxes until now or are just realizing you have a household employment tax obligation, now is time to catch up on your nanny taxes. While it is much easier to track nanny tax withholdings with each pay period, you can “catch up” at the end of the year. It will take a little more time and effort on your part. Here’s how to catch up on your nanny taxes as you prepare your 2021 taxes.
by Trevor Sparks | Dec 23, 2021 | GTM Blog, Hiring an Employee, Household Payroll & Taxes
What can household employers expect in 2022? From a tight nanny job market to more paid sick and family leave laws, here are seven household employment trends to watch if you employ someone to work in your home.
by Trevor Sparks | Oct 21, 2021 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws
The 2022 nanny tax threshold will be $2,400, a $100 increase over this year’s mark. If a household worker like a nanny, housekeeper, private teacher, or senior caregiver, earns $2,400 or more in cash wages next year, Social Security and Medicare taxes, must be paid by the family and the employee.
by Trevor Sparks | Feb 11, 2021 | Domestic Workers' Rights, Hiring an Employee, Household Payroll & Taxes, Tax & Wage Laws, Workers' Comp & Insurance
Nanny taxes, domestic worker protections, minimum wage and overtime rules, tax savings, and more. We spell out everything you need to know about employing a nanny or other household workers in 2021.
by Trevor Sparks | Jan 26, 2021 | COVID-19, Household Payroll & Taxes, Tax & Wage Laws, Tax Season
It’s that time of year again. Here’s what you need to know if employed someone to work in your home last year and how to file your nanny taxes in 2021.