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What Nanny Tax Deductions Can I Claim When Paying My Nanny Legally?
If you’ve hired a nanny, there are two nanny tax deductions you may be eligible to take.
Special $300 Tax Deduction to Help Charity Giving this Year
You may be able to take advantage of a special new provision in the CARES Act that allows you to deduct up to $300 in donations to qualifying charities this year. It applies even if you take the standard deduction instead of itemizing your deductions.
Trump’s Plan to Cut Childcare Costs Moves Forward
As Inauguration Day draws near, we’re getting a clearer picture of President-elect Donald Trump’s priorities when he takes office. Reducing childcare costs was a centerpiece of Trump’s proposed tax plan during the campaign. It remains a focal point as he seeks...
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