In this article, he discusses the evolution of the exclusion for employer adoption assistance payments for adoptions of children with special needs. He shows how some ambiguities in the law were partially clarified but how confusion still exists. He gives suggestions for further clarification of...

Federal income tax laws often provide potential tax benefits for various groups of taxpayers based on specific social or economic policies. Some of these benefits are targeted specifically at low-income taxpayers while other benefits are targeted more generally but can still apply to low-income...

Current federal tax law includes two possible benefits for people who need to pay dependent care costs to make employment possible. One is a dependent care tax credit and the other is an exclusion from income for employer-paid dependent care costs. Our previous Tax Notes article focused on these...

In this article, they discuss dependent care tax benefits. IRC section 29 provides for an exclusion from gross income of up to $5,000 for dependent care services. IRC section 21 provides for a credit for those same types of expenditures. The tax credit is a sham for some low-income taxpayers...