Employer-provided child care credit helps businesses help their workers
Abstract: The COVID-19 pandemic has led to a significant increase in the number of employees working from home. Given the convenience of remote work, especially for parents of young children, employers of in-person workers are under increasing pressure to provide child care. Fortunately, the tax code provides an incentive, in the form of the Section 45F employer-provided child care credit. This article details the qualification for the Sec. 45F credit.