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Tax Credits
The Federal government also offers some tax credits for child and dependent care expenses.
How much you’re free to write off depends on your adjusted gross income.
In-Home Daycare
Another way to reduce childcare costs is to seek out home-based daycares versus center-based care.
When sharing a nanny, the same nanny will spread her time between yours and others homes.
You might have different days of theweek or hoursin a day depending on how the nanny divides the time.
Another variation on this theme is to do childcare trades with other parents, if schedules allow.
Other possibilities could include negotiating non-traditional hours or remote work.
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