California California offers a nonrefundable child and dependent care similar to the federal credit, with the amount of credit contingent upon a taxpayer’s income. You can claim the credit if you have ...

Return-to-office mandates often trigger a return to big bills for summer day camps. So, it doesn't hurt to take a refresher course now on how one decent tax break can help save families a few bucks.

The Child and Dependent Care Tax Credit is a way that the federal government helps put money directly back in the pockets of working families. If you have to pay for care for your children or ...

Calculate whether you’d come out ahead with a dependent care flexible spending account or the child care tax credit before signing up for the FSA during open enrollment. The dependent care FSA may ...

How Sahil Vakil, founder of MYRA, is guiding his clients on reducing their taxes if they have recently started a family.

Child care costs in the United States are the highest among other developed nations. During the 2020 presidential campaign, Joe Biden said he would do something to lower them. In 2020, he promised ...

Parents with crushing child care expenses will get a little help in 2026 from Trump’s new mega tax and spending law. The new tax law permanently increases the annual pre-tax contribution limit for ...

As a presidential candidate, Donald Trump pledged to provide relief to parents strapped by child care expenses. "The Trump plan will rewrite the tax code to allow working parents to deduct from their ...

Teacher Evelina Jimenez works with kids during Modesto Schools sponsored child care program at Muir Elementary School in Modesto, Calif., on Wednesday, April 15, 2020. Modesto City Schools has been ...

The (IRS) has announced updates regarding the ability of families to claim child care expenses on their taxes for the years 2023 and 2024. TRAVERSE CITY, MI, US ...