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December 12, 2008, Newsletter Issue #145: Co-op Sitting Service
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Tip of the Week
If you are looking for a low cost way to get quality childcare, consider joining a local babysitting co-op. A co-op is a network of caregivers in your neighborhood who create a system, or co-op. When you join a co-op you agree to care for other children, as well as receive childcare for your children. The co-op is a barter system where the services are traded for no fees. Although no money is involved, technically you're required to pay federal income taxes on the value of the services you receive. This figure is based on the rate for sitters in your area.
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