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There's a tax credit (IRC Code § 45F) that is capped at $150k/year. It's really meant for small businesses. > If you provide childcare services to your employe
by caseyohara 2y ago
There's a tax credit (IRC Code § 45F) that is capped at $150k/year. It's really meant for small businesses.
> If you provide childcare services to your employees, you may be eligible for this general business credit. It covers qualified expenditures for a childcare facility and for childcare resource and referral.
> The Employer-Provided Childcare Credit offers employers a tax credit up to $150,000 per year to offset 25% of qualified childcare facility expenditures and 10% of qualified childcare resource and referral expenditures.
https://www.irs.gov/businesses/small-businesses-self-employed/employer-provided-childcare-credit https://www.irs.gov/businesses/small-businesses-self-employe...