Google Answers: Depended Care reimbursements for employers (small business)

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Q: Depended Care reimbursements for employers (small business) ( No Answer, 2 Comments )

Question

Subject: Depended Care reimbursements for employers (small business)
Category: Business and Money
Asked by: alexander_the_great-ga
List Price: $20.00

Posted: 09 May 2006 05:50 PDT
Expires: 08 Jun 2006 05:50 PDT
Question ID: 726875

I have a small business, where I am a sole proprietor (LLC). My wife
is only employee in the company and she is on a payroll. I work with
some other company as full time employee. In addition, we have a
child, who goes to daycare every day. The question I have relates to
Depended Care reimbursement. Can my company reimburse my wife?s child
care expenses?  If so, how to set it up? I am aware of the fact,
according to IRS, it is possible through FSA, but rules are SO
confusing, especially for small businesses. Is there other ways, than
FSA? Please advice.

Clarification of Question by alexander_the_great-ga on 09 May 2006 05:58 PDT

My wife is employed full time with my company. She works at least 30
hours a week. Originally I read about Day Care reimbursments at
http://www.sanderscpa.com/new/benefits.htm.

Answer

There is no answer at this time.

Comments

Subject: Re: Depended Care reimbursements for employers (small business)
From: nelson-ga on 09 May 2006 05:56 PDT

You mean "dependent", not "depended".

Subject: Re: Depended Care reimbursements for employers (small business)
From: alexander_the_great-ga on 09 May 2006 05:59 PDT

Yes, I cant spell ;-)

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