You may be able to deduct a percentage of child care expenses based on your adjusted gross income. To qualify for this credit, the child care must have been provided to enable you or your spouse to work or actively look for work. Child care may be at home or at an outside facility, but the expenses claimed must be specifically for the care of the qualifying individual. You … [Read more...] about Helpful Hints on the Child Care Tax Credit
Most parents need at least some form of child care. Unfortunately, child care can be quite expensive. However, the good news is it doesn’t have to be! It is possible to find good child care and still stay within your budget. From school and government programs to private arrangements with other parents, there are a number of ways to find quality child care. Visit … [Read more...] about 6 Types of Child Care Explained
Finding child care can be one of the most challenging tasks all parents take on. It’s not always easy to know where to find the highest quality care in your area. Even beginning the process can be a daunting task. There are, however, resources to help! Child Care Resource and Referral, known as CCR&R, are agencies that keep a database listing of child care centers, … [Read more...] about How to Find Child Care in Your Community
Parents today have several options when it comes to hiring child care, such as nannies, day cares, or babysitters. An additional lesser-known alternative, hiring an au pair, can be a wonderful and very cost-effective solution for families with an extra bedroom. Au pairs are young adults from another country who live with a host family and provide up to 45 hours per week of … [Read more...] about What Are Au Pairs, and How Do They Save You Money?