This topic covers the effect of the Tax Cuts & Jobs Act, TCJA, of 2017 on a taxpayer’s ability to claim the Child and Dependent Care Credit. In New York and other high-tax states, the average annual cost of child care for an infant and 4-year-old is $24,053. The American family is changing. Individuals marry later, divorce more … Continue reading The Tax Cuts & Jobs Act, TCJA,  and its Impact on The Child and Dependent Care Credit