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Save on Childcare Costs Payroll Taxes

Save on Childcare Costs Payroll Taxes

Looking to save on childcare costs and payroll taxes? IRS Section 129 Dependent Care Assistance Plans allow employees to pay daycare expenses with pre-tax income, lowering taxable wages and boosting take-home pay. Employers also benefit from reduced payroll taxes. Explore how DCAPs work and their advantages.

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