tax policy
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The First Five Things to Know About: Employer-Provided Child Care Credit (45F)
In the United States, two-thirds of young children live in households where all available parents are working. meaning child care is essential for families’ ability to stay in the workforce. …
Employer-Provided Child Care Credit (45F): Overview
The Employer-Provided Child Care Credit, also known as 45F, is one way to address the needs of both working parents and employers. Under 45F, employers receive a tax credit for …
Dependent Care Assistance Program (DCAP): Overview
Through flexible spending accounts, the DCAP exclusion gives parents flexibility to choose the type of care that best suits their needs — whether that’s a licensed child care center, home-based …
Child and Dependent Care Tax Credit (CDCTC): Overview
With the average annual cost exceeding $13,000 per child, millions of American families struggle to afford quality child care. The Child and Dependent Care Tax Credit (CDCTC) provides some financial …
Child and Dependent Care Tax Credit (CDCTC): Maximum Credit Amounts for Families
The Child and Dependent Care Tax Credit (CDCTC) allows working families to keep more of what they earn to pay for child care. A family’s credit depends on four factors: …
State-By-State: A Look At How Many Families Receive the Child and Dependent Care Tax Credit (CDCTC)
The Child and Dependent Care Tax Credit (CDCTC) helps millions of working families cover a portion of their child care costs. In 2022, more than 5.7 million families nationwide benefitted …
FFYF Capsule Collection: Tax Policy and Child Care
In A Nutshell With two-thirds of children ages five and under living in homes where all available parents are working, child care is not optional for most families – it’s …
TOPLINES: Child Care in the 2025 Tax Reconciliation Package
The final version of the 2025 tax reconciliation package (also known as H.R.1) was signed into law on July 4th, 2025. The bill permanently improves three pieces of tax policy …
STATEMENT: FFYF’s Sarah Rittling on proposed expansion of child care tax credits
On Monday afternoon, the Senate released the text of their bill to reauthorize the Tax Cuts and Jobs Act of 2017. This version contains updates to tax credits which will …
Letter: Senate Finance Committee urged to prioritize child care tax credits
In a show of support, 64 local Chambers of Commerce, national organizations, and employers joined First Five Years Fund and the U.S. Chamber of Commerce in a letter calling on …
2025 FFYF Federal Guide to Early Learning and Care Programs
The 119th Congress has the opportunity to invest in America’s children, working families, and the economy through high-quality child care and early childhood education. This resource book is an introduction …
STATEMENT: FFYF’s Sarah Rittling on the House Ways and Means Budget Reconciliation Plans
On Monday afternoon, the House Ways and Means Committee released the full text of their bill to reauthorize the Tax Cuts and Jobs Act of 2017 ahead of Tuesday’s markup. …
