Whether you’re reading this from your living room while in your pajamas, or safely tucked away in your newly-renovated laundry room turned home office, you’ll probably agree that employment has changed over the past several weeks. Because of COVID-19, governors and municipalities have issued stay-at-home and other orders, resulting in the complete or partial shutdowns…
Taxpayer asks: Hi Taxgirl, My parents are willing to pay for me to have gastric bypass and whatever that entails (Dr appointments, nutritionist and so forth). They then want to write the payments off to their taxes. Is that legal? I am no longer a dependent of theirs. Also I have an FSA account if…
F is for FSA. Benefits stink at a lot of businesses these days. As a business owner, though, I understand why: the underlying costs of providing benefits to employees are, in some cases, enormous. At my firm, the cost of providing health insurance to my employees costs more than the rent and all utilities for…
The health care reform bill, also known as the Patient Protection and Affordable Care Act, which was signed into law in March 2010 is massive (you can catch some of the highlights here). It’s divided into ten titles and is roughly 2,400 pages long (that’s longer than a standard King James Version of the Bible)….
Taxpayer asks: I have an employee whose child care center fees just went up. So to take some of the burden off her shoulders we are paying for the rest it adds up to $300 a month. Now-her babysitter is her sister in law who works part time but does babysitting on the side. My…
