Some states allow LLC members to transfer real property to an LLC to receive a tax exemption. A new LLC can purchase real property and use the real estate portfolio to bolster its financial profile and add to its value.
The child and dependent care tax credit is a percentage of your day care expenses up to $3,000 for one dependent or $6,000 for two or more dependents. That's not the amount of your credit. It's the amount of day care expenses you can apply the percentage to.
The Child and Dependent Care Credit program can reduce your tax by claiming the credit for child and dependent care expenses on your federal income tax return. In order to qualify for this benefit program, you must have paid for the care of a qualifying individual so that you (and your spouse if you are married) could work or look for work.