Prepare a tax memo on the following.

Matamba and Mandisa have three children. They are trying to decide if it is better for them to take the Dependent Care Credit as outlined in Chapter 14 of the text or get reimbursed through Matambas employer using the dependent care assistance program. In other words, they are trying to determine if the credit is better or the income exclusion is better. They make $75,000 combined between the two of them and they pay $3,459 in dependent care expenses this year. They take the standard deduction on their tax return. All three children are under the age of 16 years old and they live with Matamba and Mandisa full-time. Please write a memo to the file letting Matamba and Mandisa know which option is better. The code section for the dependent care credit is IRC 21 and the code section for the employers dependent care assistance programs is IRC 129. The regulations can be found using the Cornell Law Site.