Hi everyone!
With the federal tax filing deadline just a few days away, don’t miss out on these money-saving tax breaks if you worked with a nanny in 2021 or are currently with a nanny in 2022!
In today’s video, “Watch This Before Filing Your Taxes! Nanny Tax Breaks (2021 and 2022)”, I sit down with Tom Breedlove, Senior Director of Homepay to discuss how your family can save money on your 2021 taxes and what changes might affect you for the 2022 tax year.
We discuss:
– Child Tax Credit
– Child Care Tax Credit
– Build Back Better Act
– Dependent Care Flexible Spending Account (FSA)
– Who qualifies for these tax breaks
Did you know you can get a tax break if your kids attend summer camp (i.e. sports, Lego, Minecraft camps)? I didn’t and this video helped my family save money on our 2021 taxes!
I learned about several new tax breaks while producing this video and hope that you do too.
If you would like to talk to the HomePay team or sign up for their highly rated payroll services, click here. Sign up today and your first month is FREE!
Nannies – the HomePay team can answer any questions that you have as well.