Monday, May 10, 2010

The Tax Benefits of Health Insurance

from Breedlove & Associates -

When a household employer contributes to an employee's health insurance, it is considered a non-taxable form of compensation - meaning neither the employer nor the employee have to pay taxes on this portion of the compensation. As a result, it is an excellent way to save you and your nanny significant tax dollars.

For an illustration of the tax savings for families and employees, download the PDF Health Insurance  

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