Published in Medicine and Law Weekly, October 10th, 2008
The legislation proposes an increase in the cap on DCFSA from the current maximum of $5,000 a year -- a figure that has been unchanged since 1986 -- to $7,500 a year. In today's dollars, this tax benefit is worth only $2,800, while the average cost of care for an infant ranges from $4,000 to $14,000 a year.
"DCFSA is a powerful tool that benefits working...
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