During the summer months many parents and guardians pay for day camps and childcare while they work. If that's you, those costs may qualify for a federal tax credit which will lower your taxes. Here are some helpful tips that you should remember about the Child and Dependent Care Credit: 1. Your expenses must be for the care of one or more qualifying persons. Your dependent child or children under age 13 usually qualify. 2. Your expenses for care must be work-relat [...]
