Jim Cagle is a CPA with Allegent Group in Woodland Hills. He has twenty-five years of experience in taxation, business management and directing audits, reviews and compilations with an eye towards measuring and improving the health of business. Jim has particular expertise in real estate, entertainment, and photo finishing industries.
In honor of the new tax season, Ron and Robert have conducted a four-part interview with Mr. Cagle. Last week they left off talking about the difference between a tax credit and a tax deduction. In this second interview we’ll find out whether or not childcare expenses are a tax deduction, if there is a difference between childcare expenses and dependent-care expenses, and what kind of expenses qualify as tax credits.
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