School's Out - Who Is Going to Take Care of the Kids?

Summer has just arrived, and there is a tax break that working parents should know about. Many working parents must arrange for care of their children under 13 years of age (or any age if disabled) during the school vacation period. A popular solution — with a tax benefit — is a day camp program. The cost of day camp can count as an expense toward the child and dependent care credit. But be careful; expenses for overnight camps do not qualify. Also, not eligible are expenses paid for summer school and tutoring programs. For an expense to qualify for the credit, it must be an “employment-related” expense; i.e., it must enable you and your spouse, if married, to work, and it must be for the

Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • LinkedIn Social Icon
  • Facebook Basic Square
  • Twitter Basic Square

TaxUSign​, LLC

A Virtual Tax Firm


Mailing Address:

P.O. Box 5887

Kent, WA 98064

Tel: 253.234.7180

Office Hours: 

M, T, Th 9:00am - 5:00pm

W 9:00am - 6:00pm

Open Year-Round

Client Login
Subscribe to our blog to receive the latest tax updates. 

© 2020 by TaxUSign, LLC. All rights reserved. 

  • LinkedIn
  • Facebook
  • Pinterest
  • YouTube