If you pay care expenses for a dependent child or adult in your household, you may be eligible for the child and dependent care credit. In the following guide, we cover everything you need to know about the child and dependent care credit (CDCC), including what it is, who and what expenses qualify, how much the credit is worth, and …
Have you considered opening an individual retirement account for your kids? In the following article, learn about the benefits of starting an IRA for your children, which type of IRA is preferable for young savers, how to open an account, and important rules to follow. Read on to find out more. Can Children Have Their Own IRA? The short answer …
Did you ever wonder how the federal government determines the amount of taxes you owe on your annual income? The W-4 Form is the answer.
In this article, we provide an overview of Section 179 of the U.S. internal revenue code and show you how you can use this tax incentive to save money for your childcare business. Read on to learn more.
In simple terms, a 1031 exchange is a legitimate tax strategy that allows real estate investors to swap one investment property for another without paying a capital gains tax at the time of sale.
Get answers to our most frequently asked questions for childcare business finances.
Are you still preparing for tax season and need guidance? We are here to help.
What to Prepare for the 2023 Tax Season: Important Dates, Deadlines, and Documents