Uploaded July 2024 | Updated September 2026, 1 week ago
Summer is here, and if you have kids, they're probably enrolled in summer camp. Did you know that these expenses may be deductible on your taxes?
Learn how you can save big with the child and dependent care credit, covering up to $3,000 per child for summer day camps.
Whether you're working or job-hunting, these tax tips can ease your financial burden this summer. Watch now to learn more and start maximizing your savings!
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/bx6q7FJJGp0
youtu.be/VBAy68ELSqQ
youtu.be/3bruQxLmGvY
Thanks for watching my video on, Tax Hacks for Parents | Save Big on Summer Expenses
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Tax Hack for Parents | Save Big on Summer Expenses
00:41 - What Is The Child and Dependent Care Credit (CDCC)?
00:44 - Who Can Be Claimed as a Dependent?
01:01 - What Qualifies This Credit?
01:29 - What is the Credit for a Child and Dependent?
02:41 - CDCC | Babysitters and Other Childcare Providers
03:11 - Conclusion: Deducting Summer Camp Expenses on Your Taxes
Replay Video Link: youtu.be/OHUpngPAWp8
#taxdeductions #taxdeduction #taxtips
Summer is here, and if you have kids, they're probably enrolled in summer camp. Did you know that these expenses may be deductible on your taxes?
Learn how you can save big with the child and dependent care credit, covering up to $3,000 per child for summer day camps.
Whether you're working or job-hunting, these tax tips can ease your financial burden this summer. Watch now to learn more and start maximizing your savings!
☕ Buy Me a Coffee: Help support the channel!
buymeacoffee.com/NoelLorenzana
Hi, I'm Noel Lorenzana, a Registered CPA based in Illinois. I created this channel to help everyday people better understand money, protect their wealth, and prepare for whatever comes next through thoughtful discussions about gold and silver, wealth management, and tax strategy.
On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.
★CONNECT WITH ME ON SOCIAL MEDIA ★
Website: noellorenzanacpa.com
Facebook: web.facebook.com/noelblorenzana
LinkedIn: linkedin.com/in/noellorenzanacpa
🎥 RECOMMENDED VIDEOS 🎥
youtu.be/bx6q7FJJGp0
youtu.be/VBAy68ELSqQ
youtu.be/3bruQxLmGvY
Thanks for watching my video on, Tax Hacks for Parents | Save Big on Summer Expenses
Disclaimer: The information presented in this video is for informational and educational purposes only and should not be considered accounting, tax, legal, financial, or investment advice. Watching this video does not create a client relationship. While I strive for accuracy, I cannot guarantee that all information is complete, current, or applicable to your specific situation. Always consult with a qualified professional before making financial, tax, or investment decisions.
Affiliate Disclosure: Some links in the description may be affiliate links, which means I may earn a commission if you purchase through them at no additional cost to you. I only recommend products and services that I have personally researched, use, or believe provide genuine value to my audience.
⏱️VIDEO CHAPTERS⏱️
00:00 - Tax Hack for Parents | Save Big on Summer Expenses
00:41 - What Is The Child and Dependent Care Credit (CDCC)?
00:44 - Who Can Be Claimed as a Dependent?
01:01 - What Qualifies This Credit?
01:29 - What is the Credit for a Child and Dependent?
02:41 - CDCC | Babysitters and Other Childcare Providers
03:11 - Conclusion: Deducting Summer Camp Expenses on Your Taxes
Replay Video Link: youtu.be/OHUpngPAWp8
#taxdeductions #taxdeduction #taxtips
