It’s Not All “Take” the IRS “Giveth” as Well! (Honest)

The Child and Dependent Care Credit


Well, actually we have the Congress to thank since the IRS “merely” administers the law, but if you are a parent, you should be aware that if parents pay for childcare or daycare while they work, the costs may qualify for a federal tax credit that can lower their credit. The IRS likes to remind us of these credits (honest) around this time, and they point out facts you should know: