It’s Time To Revisit The Tax Treatment of Working Childcare Costs

Shannon Weeks McCormack, Over-Taxing the Working Family: Uncle Sam and the Childcare Squeeze, 114 Mich. L. Rev. ___ (2015), available at SSRN.

Kathleen DeLaney Thomas

Childcare costs have soared in recent years while wages remain stagnant. To make matters worse, relief by provided by the tax code is extremely limited. Parents may be able to claim a tax credit for a portion of their childcare costs and may be able to divert limited funds to a pretax flexible spending account. But […]