Description:
This report provides an explanation of the Employer-Provided Child Tax Credit (45F) and its intent to improve child care accessibility for working families. Some examples of employer implementation are presented, as well as a discussion of low employer take-up rates and a summary of findings from the U.S. General Accountability Office (GAO) about employer usage and understanding of 45F. The appendix provides tax implications of child care benefits for individual tax returns.
Resource Type:
Other
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