Outsmart High Costs with Affordable Day Care Pricing

Leveraging Tax Credits and Flexible Spending Accounts

Another way to manage day care expenses is by taking advantage of tax credits and flexible spending accounts (FSAs). The Child and Dependent Care Tax Credit allows parents to claim a percentage of their day care expenses, which can lead to significant savings during tax season⁴. Additionally, many employers offer FSAs, which let you set aside pre-tax dollars for child care expenses, further reducing your taxable income.