Reply to Tax question - hiring my mom for childcare, and pay her with FSA money?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Your tax savings is $1500, less your time spent setting up an EIN, payroll taxes and unemployment tax. Your mom's earnings are $5000, less her share of payroll taxes, state and federal income taxes. Is this worth it?

We have a similar HHI and use the FSA, but we're paying a daycare--they handle all the taxes and administration.
[b]
You also want to think about if your elderly parent is physically able to watch your child 40 hours per week. That's a lot. What are your plans for if she gets sick?[/b][/quote]

Elderly? Yesterday there was a thread about people working their current jobs into their 70s. Many grandparents are in their late 50s, early 60s too. [/quote]

I though OP mentioned her mother was on some sort of government retirement. Maybe I misread, but that would make the OP's mother at least 65. Thus elderly.

Being of counsel in a law firm in your 60s and 70s is a lot less strenuous than providing FT childcare. Chasing a toddler is exhausting.[/quote]

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