Childcare Tax Break Breakdown

Send us Fan Mail In this quick-hit episode, Greg and Doug break down three timely topics every employer should track: Federal shutdown implications for childcare: potential CCDBG disruptions, what’s likely, and how to support employees if subsidies pause or payments lag. The Child Care Modernization Act (SB 2828): bipartisan momentum, key provisions to fix provider payment rates, increase supply,...

Send us Fan Mail New Mexico just became the first state to offer FREE childcare to everyone. Iowa gave $14M to businesses to figure it out themselves. Which approach actually works? In Episode 16, Greg and Doug break down two radically different approaches to America's childcare crisis after spending a week on the road with employers facing real challenges. What you'll learn: How New Mex...

Send us Fan Mail We dive into the enhanced employer-provided child care tax credit hidden in the "One Big Beautiful Bill Act" and why ignoring this opportunity is benefits malpractice for employers seeking to attract and retain talent. • The employer-provided child care tax credit (45F) is increasing from $150,000 to $500,000 for large businesses and $600,000 for small businesses startin...

Send us Fan Mail In this episode, Greg and Doug discuss the recent developments in backup care and childcare tax credits across Georgia, Missouri, and at the federal level. They explore the implications of these changes for employers and families, the inefficiencies of current backup care programs, and introduce a new model called Care Cash that aims to provide more value to employees. The convers...

Send us Fan Mail Welcome to Episode 12 of the Tax Break Breakdown with your hosts, Greg and Doug. After a few months' hiatus, we're back with some important updates and discussions on childcare tax credits and their implications for both employers and employees. Key Highlights: Personal Update: Greg's New Baby : Greg shared the exciting news of welcoming his new baby boy, Sawyer, th...

Send us Fan Mail Welcome to Episode 11 of the Child Care Tax Break Breakdown podcast with hosts Greg and Doug! In this episode, they discuss the challenges of finding child care, the impact of child care shortages, and solutions implemented in Vermont and Japan. Support the show and buy us a coffee: https://www.buymeacoffee.com/taxbreakbreakdown In Vermont, a new $125 million annual investment aim...

Send us Fan Mail On our 10th episode of the Childcare Tax Break Breakdown we discuss a potential new bill introduced at the federal level, the Child Care for American Families Act, H.R. 8540. The bill aims to enhance the Employer Child Care Tax Credit, increasing the general percentage for qualified childcare expenditures to 40%. For small businesses with 500 or fewer employees, the bill proposes...

Send us Fan Mail Support our podcast and buy us a coffee (we need it): https://www.buymeacoffee.com/taxbreakbreakdown Ever wondered how effective childcare tax credits really are for employers and employees? Join us as we uncover the intricacies of Pennsylvania's House Bill 1958, which offers a 30% tax credit for employers contributing to childcare costs. Doug shares insights from his upcomin...

Send us Fan Mail As we navigate the heartfelt observances of Mother's Day and the National Day Without Child Care, we uncover the stark realities child care providers face every single day. From the grueling hours and low compensation to the burdensome costs of operations, our latest episode offers an eye-opening discussion on the dire need for systemic support in this crucial sector. The spo...

Send us Fan Mail Episode 7: Childcare Tax Credit Programs - A Deep Dive with Greg and Doug Welcome back to the newly renamed Childcare Tax Break Breakdown, where we dissect the latest in childcare tax credits and benefits that employers can leverage. In this episode, we've covered a lot of ground, from state care policies to innovative employer strategies. State Care Policy Report Cards We ki...

Send us Fan Mail On this episode of the Tax Break Breakdown, Greg and Doug dive into the tax breaks available in different states, focusing on Missouri and Minnesota. They discuss the challenges and opportunities in accessing these tax incentives, highlighting the importance of staying informed and proactive. Join them as they break down the details of Bill SB 742 and share valuable insights for b...

Send us Fan Mail In this episode, we discuss the expansion of childcare benefits and the impact of flexible work on turnover. They provide insights on calculating turnover costs and how to calculate the return on investment (ROI) for implementing a childcare benefit program with a real life spreadsheet example that you can download here . The episode highlights the importance of supporting working...

Send us Fan Mail Celebrate with us as we hit a podcast subscriber milestone—it's a jovial start with a personal twist, discovering that our car choices are as identical as our mission to dissect critical issues! After a little banter, we steer the conversation to a topic close to many hearts and homes: childcare support for working parents. We revisit Indiana’s impressive initiative, which di...

Send us Fan Mail Struggling to integrate childcare into your company's benefits package? Look no further, as Greg and I unfold an innovative 12 Step Program to Solving Child Care for Employers, perfectly tailored to provide sustainable solutions. As we celebrate the growth of our community, we share a heartfelt "grug fact of the day," connecting our personal experiences with the uni...

Send us Fan Mail Episode 2 Summary: Greg and Doug tackle the pressing issue of childcare in manufacturing, particularly in rural areas, in this enlightening episode. They kick off the discussion with an update on the CHIPS Act funding and the newly revised criteria for HSAs, FSAs, and HRAs. The core of the episode revolves around innovative strategies to overcome childcare hurdles for manufacturer...

Send us Fan Mail Just two dads talking childcare tax credits. Free money for employers in Indiana! Welcome to the inaugural episode of the "Tax Break Breakdown" podcast, hosted by Greg and Doug! Tailored for HR and operations teams in enterprises, this episode serves as a comprehensive guide to navigating childcare benefits and tax breaks. Dive into the world of childcare benefits as Gre...