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Topic: The IRS failed to make an important tax change (Read 56 times) previous topic - next topic

The IRS failed to make an important tax change

The IRS failed to make an important tax change

[html]Last Friday, the IRS announced major changes to tax rules for next year. In 2023, workers will be able to contribute more of their earnings to retirement and health flexible spending accounts, which allow them to pay for medical expenses with pre-tax dollars. But the agency failed to make a change that would make a huge difference for working parents: making child care a legitimate, tax-deductible work expense.[/html]

Source: The IRS failed to make an important tax change (http://ht**://www.cnn.c**/2022/10/28/opinions/irs-child-care-tax-deductible-alaimo/index.html)