Tax Advice – Consider Ways to Make Caregiving Funds Tax-Free
Help a social enterprise working to remove care affordability as a barrier for women and people of color in the workplace by advising on ways to make caregiving funds tax free.
Mirza is currently operating with a model that is entirely employer self-funded, so they work with DCAP and state/federal employer tax credit limitations. They are seeking assistance thinking through whether there is a way for employers and employees to pay into a product that offers non-taxable coverage for caregiving, without burdensome limitations on use. The Mirza team would primarily like to consider whether these payments can fall under pre-existing healthcare or education/tuition buckets.