Tonight, I received email from my dcm to ask me to see if I will accept credit card though FSA. I wrote back to her that I prefer not to do it because it sounds like it is too much trouble to deal with credit cards. I do not want to pay the fees for credit card processing which I think it is nuts! They think I can get all of my money back from fees when I write my tax off which is not true. After that, they asked me if I can at least prove them that I am a certificated in home provider. I don't mind to show the proof but I have a question. I am not sure If I can make copy it to give my dcm but I feel it should be private. However, I can send proof to FSA, not to my dcm. What should I do? This is my first time. My husband thinks it is wasting of time doing FSA which is too much trouble for me doing it. I don't know much about FSA. I know it may save some money on it... Please help...
Questions about FSA
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don't you have a license number you could give her as your proof. That is what I did. My dcm had me fill out a paper and on it was my lic. number.- Flag
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She should be able to get reimbursed differently for daycare with flex spending, My company used to just direct deposit it in my bank account, And I still just wrote my daycare a weekly check, I have one mom whos company mails me a check at the beginning of the month, and they pay the remainder towards the end, I would never accept a debit card, but most flex plans offer another way of reimbursment for the employees, I still had to have my provider sign a form every month with her social security number or tax id number if they had it.- Flag
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Here's my question about FSAs. . . . if I accept a check in advance from a client's business what would happen if I was not able to provide care for a day or two or what about when I go on vacation (I don't normally make the parents pay for my vacation time). Will I just pay them back? I don't want to have to deal with giving them multiple credits!- Flag
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Tell her that you'll accept payments through PayPal but that they have to pay the PayPal fee, otherwise only cash or check will be accepted. This is what I do, I offer it because I have a PayPal account but they are required to add an additional 3% to the total. No one has taken me up on this offer because of the added fee but I still offer it in case they "forget their checkbook" then they'd only have to pay 3% instead of the $5 per day late fee which by monday adds upp to $15.- Flag
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Im thinking of doing the minute menu pay online option,.. at least offering it. But the convenience fee is added to THEIR bill.- Flag
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