Can Health Care Spending Account Be Used For Daycare? A Dependent Care FSA (DCFSA) is a pre-tax benefit account used to pay for eligible dependent care services, such as preschool, summer day camp, before or after school programs, and child or adult daycare. It’s a smart, simple way to save money while taking care of
Can I Deduct Nanny Health Insurance? Are there any additional tax breaks if I offer my nanny health insurance? Yes. When a household employer contributes toward a nanny’s health insurance premiums, these dollars are not considered taxable income. Neither employer nor employee is required to pay taxes on these dollars. Can you write off health
Do Nannies Get Paid Under The Table? Do nannies get paid under the table? Nannies who take their jobs seriously likely won’t take your position if you plan to pay them under the table. They know the benefits of being paid on the books even if it means a little less in their paychecks each