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New: Bipartisan Bill to Strengthen Child Care Tax Incentives Introduced

February 15, 2024

The New PACE Act: Today, U.S. House Reps. Claudia Tenney (R-NY) and Brad Schneider (D-IL) introduced the Promoting Affordable Childcare for Everyone (PACE) Act, a bill to enhance existing provisions …

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The First Five Things to Know About: The PACE Act

February 15, 2024

Millions of working families with young children need quality child care, but the eye-watering cost of care today means many can’t afford it. And without it, many parents are forced …

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Co-Chairs of the Bipartisan Child Care and Pre-K Caucus Call For Updating Tax Provisions to Help Working Families Find and Afford Child Care

January 22, 2024

Leaders of the Bipartisan Pre-K and Child Care Caucus sent a letter to the Ways and Means Committee, urging their colleagues to update provisions of the United States tax code …

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Understanding the Difference Between the Child Tax Credit and the Child and Dependent Care Tax Credit ⁠— and Why We Need Both

December 1, 2023

Child care is not a luxury for American families – it’s a necessity. Yet the high costs associated with quality child care are rapidly out-pacing most other expenses faced by …

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FFYF Capsule Collection: Tax Policy and Child Care

November 30, 2023

Millions of American families today are struggling to find the affordable, reliable, quality child care they depend on to go to work. This has a devastating impact on our youngest …

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Federal Tax Provisions That Support Child Care

November 29, 2023

American families depend on affordable, reliable, quality child care to go to work – but this care is often hard to find and too costly. These challenges have a tremendous …

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FFYF hosts event with Business Leaders, Reps. Carbajal and Chavez-DeRemer to Talk Tax, Child Care

September 20, 2023

The First Five Years Fund (FFYF) and Hollis Silverman (founder and owner of Eastern Points Collective) hosted Reps. Salud Carbajal (D-CA) and Lori Chavez-DeRemer (R-OR), child care experts, employers, and …

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Rep. Salud Carbajal to Ways And Means: Update Tax Code, Help More Parents Find and Afford Child Care

September 15, 2023

This week, the House Ways and Means Committee hosted “Member Day,” an annual hearing open to all members of the House of Representatives to come and speak on legislative ideas, …

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The First Five Things To Know About: The Federal Tax Code and Child Care

September 12, 2023

Millions of American families are struggling to find the affordable, reliable, quality child care they depend on to go to work. This has a devastating impact on our youngest learners, …

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Bipartisan Bill Seeks to Leverage Existing Tax Credits to Support Working Parents and Employers in Accessing Child Care

July 27, 2023

Last week, Rep. Salud Carbajal (D-CA) and Rep. Lori Chavez-DeRemer (R-OR) introduced H.R. 4571, the Child Care Investment Act of 2023, which would enhance three existing tax credits to address …

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The First Five Things to Know: The Child and Dependent Care Tax Credit

April 13, 2023

For millions of working parents with small children, child care is a major expense. It is also a necessary expense, as many parents are unable to work without it. The …

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On Its Anniversary, Critical Child Care Tax Provision Needs Updating

October 4, 2022

The Child and Dependent Care Tax Credit (CDCTC) is the only provision of the tax code specifically created to help parents offset work-related child care expenses. The CDCTC was created …

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