The child care tax credit and dependent care accounts could save you thousands of dollars.
Every working parent knows that the cost of good childcare is expensive and ever increasing. Luckily, the federal government offers two tax breaks that can help defray some of these costs: the child care credit and dependent care accounts. If you pay for day care, preschool, or a nanny, it pays to learn about these two tax breaks ? they could save you several thousand dollars.
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Tax Relief for Child Care Expenses
Source: http://www.finance4noobs.com/tax-relief-for-child-care-expenses/
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