Support for Military Families: Tax Credits and Childcare
This act introduces new tax credits for employers hiring military spouses, aiming to ease their job search. Additionally, military members will gain access to flexible spending arrangements for childcare services, helping them save on daycare and preschool costs.
Key points
Employers can receive a tax credit for hiring a spouse or domestic partner of a military member.
Military families can pay for childcare services with pre-tax income, reducing their financial burden.
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