tag:blogger.com,1999:blog-773373869463725905.post6730269889588402087..comments2023-10-31T06:06:59.528-04:00Comments on How to Be the Best Nanny : Nanny Tax SeasonBest Nanny Newsletterhttp://www.blogger.com/profile/06103799261254020125noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-773373869463725905.post-64909630786496218762012-01-18T21:33:11.211-05:002012-01-18T21:33:11.211-05:00Thanks for taking the time to discuss this, I feel...Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. More info on <a href="http://www.rabodirect.com.au/high-interest-savings/default.aspx" rel="nofollow">high interest savings account</a>.annasalvatorhttps://www.blogger.com/profile/04364043881966341033noreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-61887855954496352192009-05-27T00:56:08.562-04:002009-05-27T00:56:08.562-04:00HSAs are a terrific option for Ohioans. As the own...HSAs are a terrific option for Ohioans. As the owner of Ohio's leading resource for health insurance plans (Ohioquotes.com)... I'm very impressed at the wide variety of Ohio HSAs.<br /><br />I have an Anthem plan...but, of course...your plan may be issued through a different carrier, based on your individual needs.Ed Harrishttp://www.ohioquotes.comnoreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-76904215292234568412009-04-05T19:12:00.000-04:002009-04-05T19:12:00.000-04:00I just don't think this is a good time to be deman...I just don't think this is a good time to be demanding benefits from employers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-4045467979280818912009-04-05T17:40:00.000-04:002009-04-05T17:40:00.000-04:00This is very interesting. I get half my health ins...This is very interesting. I get half my health insurance paid by my employers but this sounds very interesting. I work and live in CT so it shouldn't be a problem for me to start since my employers already contribute to my health coverage. I'll forward it along to them. Thanks!<BR/>Franny, Westport, CTAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-33757021235830520292009-04-05T14:33:00.000-04:002009-04-05T14:33:00.000-04:00It is Sherrie from Rolling Hills that commented ea...It is Sherrie from Rolling Hills that commented earlier. Thanks so much for the added information about it being a federal program and California is trying to follow the same deductions at the state level. You are so helpful as usual. <BR/>Thank you!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-87652995881218006222009-04-05T13:33:00.000-04:002009-04-05T13:33:00.000-04:00For Anonymous Commenter above from California:Curr...For Anonymous Commenter above from California:<BR/><BR/>Currently, California does not conform to the federal law.<BR/><BR/>Health Savings Accounts (HSA) offer deductions on FEDERAL income tax.<BR/><BR/>Most states also offer the same deductions on state income taxes. However, since HSAs were set up as a federal program, the individual states can choose to comply with the federal guidelines concerning tax treatment of HSAs, or establish their own rules.<BR/><BR/>California, Alabama, New Jersey, and Wisconsin still must pass state legislations before Health Savings Accounts will receive a tax benefit at the state level.<BR/><BR/>http://www.health--savings--accounts.com/article-13.htm<BR/><BR/>On February 9, California State Senator Abel Maldonado, Santa Maria (Santa Barbara County), reintroduced a bill in the California Legislature that would conform California tax law to the federal law that created health care savings accounts. <BR/><BR/>Health Savings Accounts, also known as HSAs, are savings accounts where people who have a qualifying high-deductible health insurance plan can place tax-deductible money, that can then be use to pay for medical expenses at anytime in the future, tax free. In most states the money deposited into a Health Savings Account is also deductible on state income taxes. <BR/><BR/>Currently, California does not conform to the federal law. Californians who open HSAs will get no state-tax benefits. They will, however, have big record-keeping headaches, since they will have state income tax on the initial deposit, but none on the gain, yet no Federal income tax on the initial deposit or gain.<BR/> <BR/>Maldonado introduced a tax-conformity bill last year, when he was in the Assembly, but it went nowhere. <BR/><BR/>The new bill, SB173, also adds a tax credit for employers who have not offered health insurance in the past but begin offering health savings accounts. <BR/><BR/>I hope this is helpful.Best Nanny Newsletterhttps://www.blogger.com/profile/06103799261254020125noreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-90204565463324311762009-04-05T13:19:00.000-04:002009-04-05T13:19:00.000-04:00I appreciate the info since I have never heard of ...I appreciate the info since I have never heard of an HSA before. Since I live in Rolling Hills, California and not in one of the states listed for Hyers & Assoc. would I contact an insurance seller or an accountant for more information on HSAs?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-773373869463725905.post-50054413038938258132009-04-05T11:54:00.000-04:002009-04-05T11:54:00.000-04:00I would consider an HSA. Absolutely. I wonder why ...I would consider an HSA. Absolutely. I wonder why the nanny agency or parents didn't mention it to me? Sounds easier actually and cheaper and I think it's a great idea. The parents said they will add health insurance at my annual raise.<BR/><BR/>I think I will mention it as an idea for my annual raise. Could the parents put the $50 dollar raise (a dollar an hour raise) in the HSA? Sounds like a maybe to other people but I spend a fortune on chronic illness I have. I pay $210 per visit to a doctor I see every two months and hundreds on prescriptions. This would be good I think.<BR/>Nanny Annie, New Canaan, ConnecticutAnonymousnoreply@blogger.com