Taxes are due in just a few days! As a household employer are you looking for a way to reduce some of your tax burdens?
GTM and Associates recommends a few ways you can do this.
1. You can reimburse your dependent care expenses with pre-tax funds through an employer sponsored Flexible Spending Account. Check with your company’s HR department to see if this works for you.
2. You could also take advantage of Child and Dependent Care Tax Credit on your income tax return.
If you need help with any of these options please contact GTM and Associates at 1-800-929-9213.
Don’t forget that TLC is here to help you with all your in home childcare needs. If you are interested in hiring a full time, part time, summer or after school nanny visit our website at tlcforkids.com.