The dependent-care FSA isn't just for children. You can also use the money tax-free to cover care for other dependents while you work. To qualify, the person must live with you. Plus, either he or she ...
As a result of the on-going COVID-19 pandemic, many employees are working from home. Some employees have young children at home due to the closure of day care facilities and other COVID-19 related ...
WASHINGTON — As part of its obligation to take care of service members and families, the Department of Defense is implementing a Dependent Care Flexible Spending Account, or DCFSA, benefit to support ...
Hiring someone to care for your loved one so you can continue working is a common practice in the U.S. If a child, spouse or other household member requires care and you can’t provide the care without ...
Whether you have young children at home, are a caregiver for aging parents or live with a disabled spouse, you have to make sure they are safe and supervised while you’re at work. Finding someone you ...
Troops soon will be able to use flexible spending accounts for dependent child care. Here, a soldier from the 330th Movement Control Battalion embraces his daughter at Fort Bragg, N.C., after ...
I paid child-care expenses of $14,300 for my two children in 2015 and used my dependent-care flexible-spending account at work for $5,000 of those costs. My tax software is saying I can only take $200 ...
The Internal Revenue Service has clarified that dependent care benefits that are attributable to carryovers or have an extended period for incurring claims generally are not taxable this year or the ...
Dependent care flexible spending accounts (FSAs) are a great way to save on childcare costs. If your employer offers one of these plans, you can contribute to the FSA on a tax-free basis and then use ...
Northwestern University offers all full-time faculty (permanent status, excluding research faculty) a taxable grant for qualified short-term dependent care expenses incurred when traveling to attend ...