from Breedlove & Associates - www.breedlove-online.com
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 http://www.breedlove-online.com/library/Health%20Insurance.pdf.
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