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The First Five Things to Know: The Child and Dependent Care Tax Credit
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 …
On Its Anniversary, Critical Child Care Tax Provision Needs Updating
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 …
Ahead Of Tax Day, Critical Child Care Tax Provision Needs Updating
Tax Day 2022 is Monday, April 18th, and while much attention has been paid to the vitally important Child Tax Credit (CTC) in recent years, there’s another critical provision of …
Expanded CDCTC Provides Cost Relief to Families This Tax Season
As tax season kicks into high gear, there is one critical tax credit that is the only credit exclusively that helps parents offset the high costs of child care expenses, …
The Expanded CDCTC Would Help More Families Afford Child Care
On Wednesday, the Bipartisan Policy Center (BPC) released a tool designed to help families understand the expanded CDCTC limits that were temporarily expanded for 2021 under the American Rescue Plan …
Letter Urges Congress to Strengthen Child & Dependent Care Tax Credit
Last week, a group of the nation’s leading child care and child advocacy organizations, including the First Five Years Fund, penned a letter to Congressional leaders urging support for the …
What’s Included for Early Learning & Care in the COVID-19 Relief Package?
Congress is now considering a sweeping pandemic relief package that includes a number of elements designed to support families with young children and the early childhood programs they rely on. …
FFYF’s Blueprint for Progress
Across the political spectrum, voters and policymakers recognize the importance of investing in policy solutions that support healthy development in children, beginning at birth, while allowing working parents to pursue …
Here’s an Overview of Child Care Relief Included in the CARES Act
In addition to the proven benefits to a child’s learning and healthy development, quality child care is an essential pillar of America’s labor market and economy, allowing millions of parents …
Here’s What’s Included for Child Care in the Congressional COVID-19 Economic Stimulus Package
This story is developing and will be updated with more details and information as we continue analyzing the many provisions of the bill that impact the child care industry. Today, …
