The Child and Dependent Care Tax Credit Is Long Overdue for Reform

The Child and Dependent Care Tax Credit Is Long Overdue for Reform

You’d be forgiven for having trouble keeping up with the alphabet soup of family-related tax credits. Most of the policy attention has rightfully been on the child tax credit (CTC), which is typically a credit parents claim that provides general assistance for child-rearing and is claimed by 93% of taxpayers with children. This tax credit is often used for essentials like food, diapers and clothing, or to pay off debt, though it can also offset …

The Child and Dependent Care Tax Credit Is Long Overdue for Reform - Early Learning Nation

You’d be forgiven for having trouble keeping up with the alphabet soup of family-related tax credits. Most of the policy attention has rightfully been on