Child care is one of the biggest expenses many families face. In most U.S. states, the cost of day care now exceeds public college tuition — and in 17 states, it’s even higher than the average rent.

The Child and Dependent Care Tax Credit is a way that the federal government helps put money directly back in the pockets of working families. If you have to pay for care for your children or ...

The child and dependent care credit helps you recoup some of the costs of paying for care while you’re at work. The value of the credit is a percentage of the expenses you paid. That percentage varies ...

With just a few days left to file your taxes, make sure you know how to claim the dependent care credit. Thomas is a native of upstate New York and a graduate of the University at Albany. As a former ...