Dependent care (child care, day care)provided for your employee's families is deductible. You can also pay employees money for them to spend on dependent care, tax free to the employees (up to $5,000 per year). You, the employer, get a deduction.
Employers can get up to a $12,650 tax deduction to help employers who adopt children.***amount changes from year to year.
If you provide child-care facilities for your employees, you may be eligible for an Employer Provided Child Care Tax Credit.
Dependent care for your family is not deductible as a business expenses unless you are incorporated. You may be eligible for a dependent-care tax credit on your personal 1040 tax return.
We specialize in helping taxpayers claim the right deductions.
Do you make over 50k or are you self employed or own a small business? Our Tax Attorneys and Enrolled Agents (EA's) can prepare and file your current and prior year un-filed tax returns.
Email your inquiry to: taxpros@advancetaxrelief.com
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Have tax problems? Call (800)790-8574
Testimonial:
"My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful" - Shirley W, Tampa FL.
"My husband lost his job and the IRS was garnishing my wages. I called advance tax relief for help, my wage garnishment was released and we settled with the IRS for $1,200 on a $48k debt. Our family is very grateful" - Shirley W, Tampa FL.
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