Article Date:
January 2009


Word Count:
637

 

 

Dependent Care Credit


I operate a successful sole proprietorship. I just learned that my wife and I will not qualify for the child and dependent care credit because my wife has no earned income. She is a stay-at-home mom taking care of our three young children. However, whenever I entertain a prospect and his or her spouse, it is critical that my wife come with me. May I deduct as a business expense the child care cost that I incur to bring my ... Log in to view full article.

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