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Search Results: keywords:"employer-provided child care credit"

  • The bill, titled the “Child Care for American Families Act,” amends the Internal Revenue Code to increase the employer-provided child care credit. It proposes changes to the credit percentage for businesses, setting it at 40% generally, but offering higher rates of 50% for small businesses...

    Simple Explanation

    The Child Care for American Families Act is a plan that helps businesses by giving them money back for taking care of their workers' kids, with smaller businesses and some special areas getting extra help. It's like when someone gives you more stickers for doing a special job, and this plan makes sure more people know about these stickers and how to get them.