Tax Deductions You’re Probably Forgetting
- By
Julia Austin
Source: Vesnaandjic / Getty
Childcare expenses
The easiest way to see this deduction is to use your company’s childcare reimbursement account, if they have one. You can run childcare costs directly through this account, and see deductions for, in some cases, up to $5,000 or $6,000 a year. Ask your CPA about the specifics for your situation.
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