Enhanced 45F Tax Credits: A New Path for Employer-Supported Child Care

Описание: This session provides a focused discussion on the enhanced federal 45F employer tax credit for child care and its implications for businesses, communities, and child care providers. Jeff Andrews and Matthew Henry from TOOTRiS offer a detailed walkthrough of the 45F provisions, including the recent expansion set to take effect within the next several weeks.

The conversation explains how the updated 45F credit broadens eligibility, supports a wider range of employer participation models, and opens new opportunities for both small and large businesses. Specific examples illustrate how employers can offset child care investments, reduce absenteeism, strengthen workforce stability, and contribute to community-level child care capacity.

Guidance includes interpreting the two-part structure of the enhanced credit, understanding qualifying expenses, evaluating onsite and offsite provider partnerships, and aligning employer strategies with community needs. The discussion also highlights the economic value of employer-sponsored child care and the growing momentum behind these investments.

This video is designed for business leaders, community partners, child care providers, and organizations evaluating employer participation in child care solutions.

Key Topics Covered

-Overview of the enhanced 45F employer tax credit and upcoming implementation timeline
-Eligibility for both small and large employers under the revised credit
-Comparison of previous 45F limitations and new flexibilities
-How employers can structure child care partnerships and claim qualifying expenses
-Impacts of the credit on workforce participation, absenteeism, and retention
-Considerations for onsite centers, contracted slots, and third-party intermediaries
-Examples of cost scenarios and potential employer savings
-Intersections between 45F, community needs, and sustainable child care development

Chapter Markers
00:00 – Welcome and Session Overview
02:15 – Introduction to Employer-Supported Child Care
07:40 – What Is Section 45F? Historical Overview
11:50 – New Enhancements Coming into Effect
18:30 – Eligibility for Small and Large Employers
24:10 – How the Enhanced Credit Works: Two-Part Structure
31:00 – Examples of Employer Savings and Real Scenarios
38:25 – How 45F Supports Workforce Retention and Stability
44:50 – Implementation Steps and Practical Takeaways

About TOOTRiS - www.tootris.com
TOOTRiS is the nation's largest child care network, providing a technology platform that connects parents, providers, employers, and government agencies in real time. By offering essential infrastructure for child care access, TOOTRiS helps communities solve workforce challenges, employers improve retention and recruitment, and families find affordable, quality care. The platform supports innovative solutions such as Tri Share programs and employer sponsored benefits, helping make child care more accessible, affordable, and sustainable nationwide.

About Business of Child Care - www.businessofchildcare.com
Business of Child Care works with community leaders, child care providers, and partners across the country to create sustainable solutions for child care access. The organization guides communities through readiness assessment, planning, funding, and activation, ensuring that each solution is locally informed and results driven. Services include strategy development, financial modeling, and on-the-ground implementation support, with a focus on improving economic vitality through quality child care infrastructure.