by Trevor Sparks | 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.
by Trevor Sparks | Mar 3, 2023 | GTM Blog, Household Payroll & Taxes, Tax Season
It is tax season once again and you are getting ready to file or have your accountant prepare your personal return. If you employed a household worker last year – like a nanny, housekeeper, or senior caregiver – you may be wondering … what is Schedule H, and do I need to file it? Here is everything you need to know including how to claim a tax credit for pandemic-related paid leave.
by Trevor Sparks | Jan 13, 2023 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws, Tax Season
Still have your 2022 nanny taxes to knock off your to-do list? If you are a new household employer and taking on nanny taxes for the first time, this quick step-by-step guide will take you through the process. Even if you’ve put off anything to do with nanny taxes until now, do not worry.
by Trevor Sparks | Dec 22, 2022 | GTM Blog, Hiring an Employee, Household Payroll & Taxes
What can household employers expect in 2023? From rising minimum wage rates to increasing domestic worker protections, here are eight household employment trends to watch if you employ someone to work in your home.
by Trevor Sparks | Dec 6, 2022 | GTM Blog, Household Payroll & Taxes, Tax & Wage Laws, Tax Season
It’s tax season! And one of the first steps for household employers is to provide Form W-2 to their workers. They will need this document to file their personal tax return. Here is how to prepare and create a Form W-2 for your nanny.