HR leaders seeking to invest in childcare benefits can look into these state programs
HR Brew
JULY 26, 2024
Incentives such as the Internal Revenue Service’s (IRS) tax credit for employer-provided childcare, which was originally enacted in 2001, are “important” but “woefully out of date,” he said. Under the exemption, eligible childcare facilities can deduct 50% to 100% of their property’s appraised value when paying taxes.
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