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IRS Employer-Provided Childcare Tax Credit page helps employers determine eligibility for up to $150,000 business tax credit

February 8, 2024

The Internal Revenue Service announced the launch of a new page on IRS.gov explaining the Employer-Provided Childcare Tax Credit, an incentive for businesses to provide child care services to their employees.
“This business tax credit helps employers provide their employees with child-care services and facilities,” said IRS Commissioner Danny Werfel. “We’ve heard that some employers may be overlooking this important credit, so the IRS has created a new one-stop shop for information on IRS.gov that provides an easy place to learn more.”

Read the full article from IRS here: https://www.irs.gov/newsroom/irs-employer-provided-childcare-tax-credit-page-helps-employers-determine-eligibility-for-up-to-150000-business-tax-credit

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