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The Child Care Tax Credit

The Child Care Tax Credit

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Today, I’m sharing important details about the Child and Dependent Care Tax Credit particularly focusing on its relevance for parents during the summer months when childcare costs can be significant. I’ll share how you can use it during the summer months when sending your children to summer camp.

I’m also talking about the difference between a tax credit and a tax deduction and why a credit is more beneficial to the taxpayer.

Join me in this episode to learn how you can take advantage of this tax credit and how it can apply to you.

Also mentioned in today’s episode:

  • 01:08 Understanding the Child and Dependent Care Tax Credit

  • 04:00 Exploring Summer Camp and Tax Benefits

  • 11:00 Eligibility and Application for the Tax Credit

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Links:

VVRKSHOP, Paddy Johnson: https://www.vvrkshop.art/

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.