Nanny Tax and Payroll Service for Households GTM Payroll

And any time you add even one more step a client has to make to fulfill payroll/tax liabilities, that is one more step where you can forget or make a mistake. Payroll services that impound are more doggedly precise about getting your tax information right because we are on the hook if something goes wrong with making that payment. Only GTM offers all benefits under one roof – including workers’ compensation insurance, health insurance, and 401K plans.

If that’s problematic, and you prefer not to write a check, try our favorite service Venmo. You initiate a transfer through Venmo and your nanny has near-instant access to the money. Nevertheless, some other users complained about poor customer support, saying it is non-responsive. GTM is committed to providing its customers with only the best possible services and support.

  1. The platform has an HR Cloud, IT Cloud and Finance Cloud—each with multiple features.
  2. All parents know that kids are expensive, but many are shocked to learn how much they’ll need to spend in order to secure child care so that they can work.
  3. Each additional employee you pay adds an extra $20 to your monthly price.
  4. You can pay your employees via direct deposit or live check, and Paychex even offers check-signing services.
  5. HomeWork Solutions has both a do-it-yourself (Essential) plan and a full-service (Complete) payroll package.

NannyPay nanny tax software will save you thousands of dollars over popular nanny tax payroll services, our competitors. NannyPay is secure and cost-effective nanny tax payroll management software for calculating taxes for your nanny, babysitter, housekeeper, personal assistant or any household employee. More than just a tax calculator, NannyPay will maintain all your nanny tax payroll records.

Tax and payroll service

Of course, it can take longer if you don’t gather all the required information and keep it nearby. Sure Payroll ensures an accurate tax filing so you won’t have to worry about penalizations as long as there aren’t any errors. In our opinion, this is the best overall service when it comes to nanny payroll options. Sure Payroll is affordable and comes with many useful features that all those who hire a nanny will definitely need.

Both HomePay and SurePayroll also offer workers’ compensation insurance and other benefits, but charge extra. QuickBooks Payroll offers a wide range of reports, including payroll billing summary, payroll deductions and nanny payroll services contributions, payroll tax liability, total pay, workers’ compensation, and more. You have the flexibility to customize these reports by adding or removing columns according to your preferences before generating them.

Savvy Nanny Payroll Services contracts with a premier payroll service providers to purchase online top-shelf software services and offer payroll components at a wholesale rate. You get an FULL SERVICE online household employee payroll and tax service that is easy, intuitive, and reliable for the best price. A nanny payroll service is a company that helps families process payments and deductions for their household employees in a compliant way. They provide services such as setting up payroll, calculating taxes and deductions, filing quarterly reports, and issuing W2s. They also provide support with any legal/tax questions that may arise.

Simple Nanny

Their team monitors upcoming regulatory changes affecting you and provides a compliance dashboard where these updates exist.’s HomePay might be the most comprehensive nanny tax company on our list. Along with calculating and filing taxes, the company offers HR assistance that keeps you in compliance with nanny payroll laws. NannyPay is a payroll software program that starts at just under $200 per year—an impossible price to beat, and one key reason NannyPay is one of the best nanny payroll services.

This is why it’s important to choose the right nanny payroll service, one that will make managing your household employee taxes easier. The best nanny payroll services will eliminate the guesswork and simplify the compliance, tax, and legal requirements of running a household and provide all necessary reports for you on time. Understanding these new tax obligations can be challenging at best, as can preparing and filing the correct quarterly and end-of-year tax forms. A nanny payroll service will automatically calculate your nanny’s payroll taxes.

By Sarah Bradley

Sarah Bradley has been writing parenting content since 2017, after her third son was born. Since then, she has expanded her expertise to write about pregnancy and postpartum, childhood ages and stages, and general health conditions, including commerce articles for health products. Because she has been homeschooling her sons for seven years, she is also frequently asked to share homeschooling tips, tricks, and advice for parenting sites. Cassie is a deputy editor, collaborating with teams around the world while living in the beautiful hills of Kentucky. She is passionate about economic development and is on the board of two non-profit organizations seeking to revitalize her former railroad town. Prior to joining the team at Forbes Advisor, Cassie was a Content Operations Manager and Copywriting Manager at Fit Small Business.

If our top nanny payroll picks above don’t meet your needs, don’t worry. Here are four more of the year’s best payroll tax services for nanny employers (or employers of other household workers). Yes—if you pay your nanny $2,600 or more in wages every year or $1,000 or more in a calendar quarter, according to Publication 926 of the IRS. Nannies are considered household employees, not independent contractors, because they don’t control their own work; this tax applies whenever the payment threshold has been met.

Accounting Integration

Many said that Savvy Nanny is a useful tool because it helps them pay the nanny tax and pay their nannies. Savvy Nanny payroll provider is the ideal choice for those of you who plan to hire more than one single nanny. Through this service, you will receive the software that you need in order to pay and file both state and federal taxes (sometimes referred to collective as “nanny tax”). A professional nanny payroll service can provide peace of mind through a secure online dashboard where you can access statements, pay stubs, W2 forms and more at any time, from anywhere.

These features can go a long way in simplifying administrative tasks and making childcare management easier. However, using this online payroll provider to compensate your household employees may be cumbersome since the software is robust and only has decent reviews about its ease of use. Their team is available 24/7 and delivers rapid responses with different ways to get in touch–unique features you don’t see with every payroll provider. You can contact their customer support team via phone, email or live chat. While there are numerous for you to choose from, SurePayroll provides the best pricing and flexible customer service. With over 20 years of experience in online payroll solutions, SurePayroll is the best option for your nanny payroll service.

The service files taxes for you, stores records, and even helps with bookkeeping. Most notably, it doesn’t charge extra for quarterly or year-end tax filing. Pricing varies based on how much help or support you want to receive from your provider.

It also offers a mobile app, allowing you to manage your payroll on the go. SurePayroll is a better option than HomePay for nanny payroll services because it automatically withholds, pays, and files taxes on the federal, state, and local levels. This includes local filing for Ohio and Pennsylvania, which HomePay does not offer. SurePayroll also offers quarterly and year-end tax filings for free, while HomePay and other services charge extra for these services.

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