{"id":5732,"date":"2023-05-02T18:07:32","date_gmt":"2023-05-02T18:07:32","guid":{"rendered":"https:\/\/www.care.com\/business\/?p=5732"},"modified":"2023-05-02T18:07:32","modified_gmt":"2023-05-02T18:07:32","slug":"tax-credits-and-child-care-benefits","status":"publish","type":"post","link":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/","title":{"rendered":"Tax credits and child care benefits can help with rising cost of child care"},"content":{"rendered":"\n<p>Seventy-three percent of your employees are <a href=\"https:\/\/hbr.org\/2022\/04\/supporting-employee-caregivers-starts-with-better-data\" target=\"_blank\" rel=\"noreferrer noopener\">working caregivers<\/a> for children or an adult loved one. And, <a href=\"https:\/\/www.cnbc.com\/2022\/02\/21\/average-cost-of-child-care-is-now-more-than-10000-dollars-per-year.html\" target=\"_blank\" rel=\"noreferrer noopener\">59% of parents<\/a> with children at home say they are more concerned now than ever before about the rising costs of child care.&nbsp;<\/p>\n\n\n\n<p>While there are some safety nets out there to support working parents, they could use more help, especially as the cost of living <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">continues to rise<\/a>. Child tax credits help reduce the tax burden for families, but it\u2019s often not enough. Employers can help by offering child care benefits, and get tax credits of their own.<\/p>\n\n\n\n<p>It\u2019s important that working parents\u2014and employers\u2014know about the resources available to support the rising costs of child care in 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-child-tax-credit-provides-some-relief\"><strong>The Child Tax Credit provides some relief<\/strong><\/h2>\n\n\n\n<p>One way the government provides help for parents is the <a href=\"https:\/\/www.getctc.org\/en\" target=\"_blank\" rel=\"noreferrer noopener\">Child Tax Credit<\/a>, which offsets some of the cost of child care by providing a financial credit. The Child Tax Credit for 2023 will follow the rules established in the <a href=\"https:\/\/taxfoundation.org\/the-tax-cuts-and-jobs-act-simplified-the-tax-filing-process-for-millions-of-americans\/#:~:text=The%20Tax%20Cuts%20and%20Jobs%20Act%20(TCJA)%2C%20passed%20in,reforms%20to%20several%20other%20provisions.\" target=\"_blank\" rel=\"noreferrer noopener\">2017 Tax Cuts and Jobs Act<\/a>\u2014providing a tax credit of up to $2,000 per child aged 16 or younger. Also worth noting:<\/p>\n\n\n\n<ul>\n<li>The credit decreases by 5% of adjusted gross income over $200,000 for single parents and $400,000 for married couples.&nbsp;<\/li>\n\n\n\n<li>If the credit is higher than the amount of taxes owed, taxpayers may also receive up to $1,400 as a tax refund. This is known as the additional Child Tax Credit, or refundable Child Tax Credit.&nbsp;<\/li>\n\n\n\n<li>Other dependents\u2014which includes children who are 18, as well as full-time college students ages 19-24\u2014are eligible for a nonrefundable credit of up to $500 each.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>The 2023 Child Tax Credit is a change from 2021, when the <a href=\"https:\/\/www.congress.gov\/bill\/117th-congress\/house-bill\/1319\" target=\"_blank\" rel=\"noreferrer noopener\">American Rescue Plan Act of 2021<\/a> temporarily increased the child tax credit for one year to up to $3,600 per child under age six, and $3,000 per child between the ages of 6-17.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-cost-of-child-care-is-rising\"><strong>The cost of child care is rising<\/strong><\/h2>\n\n\n\n<p>While the Child Tax Credit does put extra money back in the pockets of working parents, it\u2019s not enough. According to the <a href=\"https:\/\/www.care.com\/c\/how-much-does-child-care-cost\/\">2022 Cost of Care Survey<\/a>, 72% of parents report that they are spending 10% or more of their annual household income on child care. The majority of respondents, 51%, say they are actually spending 20% or more.&nbsp;<\/p>\n\n\n\n<p>Prices for child care are up across the board compared to pre-pandemic levels. The average cost to care for one child in 2021 was:<\/p>\n\n\n\n<ul>\n<li>$221\/week for a family care center (up from $177)<\/li>\n\n\n\n<li>$226\/week for a child care or daycare center (up from $182)<\/li>\n\n\n\n<li>$694\/week for a nanny (up from $565)<\/li>\n<\/ul>\n\n\n\n<p>Working parents who employ a nanny to care for their children not only need to contend with rising costs, but also keep up with changes to the nanny tax.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-nanny-tax-what-it-is-and-who-needs-to-pay-it\"><strong>The nanny tax: what it is, and who needs to pay it<\/strong><\/h2>\n\n\n\n<p>Officially known as <a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-publication-926\" target=\"_blank\" rel=\"noreferrer noopener\">Publication 926<\/a> by the IRS, the nanny tax affects taxpayers who employ workers (such as a housekeeper, cook, or nanny) in their household. If the amount that the employer pays the worker exceeds a certain annual threshold, there are then tax implications for the employer.&nbsp;<\/p>\n\n\n\n<p>For 2023, the income threshold is increasing to $2,600 for domestic workers like nannies\u2014up from $2,400 in 2022. Working parents who exceed this limit must withhold taxes from their nanny\/employee, including:<\/p>\n\n\n\n<ul>\n<li>Social Security<\/li>\n\n\n\n<li>Medicare taxes<\/li>\n\n\n\n<li>Federal taxes<\/li>\n\n\n\n<li>State income taxes<\/li>\n<\/ul>\n\n\n\n<p>Your working parents also need to file quarterly tax returns with the IRS in order to pay these taxes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-child-care-benefits-for-working-parents\"><strong>Child care benefits for working parents<\/strong><\/h2>\n\n\n\n<p>Clearly it\u2019s expensive for your employees with young children at home. One way you can help ease the pain of rising child care costs is by offering employer child care benefits. The <a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-8882\" target=\"_blank\" rel=\"noreferrer noopener\">Credit for Employer-Provided Child Care Facilities and Services<\/a> allows businesses to claim a tax credit of up to 25% of qualified child care expenses, as well as 10% of qualified child care resources and referral expenses. FYI, the credit is capped at $150,000. That means you would need to invest about $430,000 in child care benefits to receive the full credit.&nbsp;<\/p>\n\n\n\n<p>Despite its name, the credit is not limited to brick and mortar child care facilities. Companies can also provide access to child care services and benefits. To qualify for the credit, any child care services would also need to be available to all employees, i.e., not just those in the executive suite and\/or management level.<\/p>\n\n\n\n<p>Some examples of child care benefits to offer your employees include:&nbsp;<\/p>\n\n\n\n<ul>\n<li><strong>Access to Care: <\/strong>Providing employees with a <a href=\"https:\/\/www.care.com\/business\/products\/care-membership\/\">Care Membership<\/a> gives them access to the world\u2019s largest network for finding and managing care for children, as well as seniors and pets. This allows your employees to \u201cshop around\u201d for a vetted caregiver that meets their needs in terms of experience, cost, location, etc.<\/li>\n\n\n\n<li><strong>Backup Care: <\/strong>Employers can lower expenses for working parents who need last-minute care with <a href=\"https:\/\/www.care.com\/business\/products\/backup-care\/\">Backup Care<\/a>. This employer-subsidized benefit helps employees find care for their loved one when their regular care plan falls through.&nbsp;<\/li>\n\n\n\n<li><strong>Child Care Discounts: <\/strong>Providers, like Care for Business, offer employers discounts to part-time and full-time tuition at child care centers nationwide.&nbsp;<\/li>\n\n\n\n<li><strong>Tax Support: <\/strong>Employers can also provide their employees with access to <a href=\"https:\/\/www.care.com\/homepay?_qs=1&amp;gclid=EAIaIQobChMI9vSV8N-m_AIVjoXICh2zEwdFEAAYASAAEgL2qvD_BwE\">HomePay<\/a>, which connects them with experts for household tax and payroll needs.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>You\u2019ve no doubt heard the expression, \u201cIt takes a village to raise a child.\u201d The same could also be said about child care. Employers who lend a helping hand by providing child care benefits can help ease the financial burden on their working caregivers, and also build company loyalty, and increase retention.<\/p>\n\n\n\n<p>Learn more about how child care benefits can help you meet your <a href=\"https:\/\/www.care.com\/business\/resources\/ebooks-and-reports\/report-recruit-retain-employees-benefits\/\">retention goals<\/a>. <\/p>\n\n\n\n<p class=\"has-text-align-right\"><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seventy-three percent of your employees are working caregivers for children or an adult loved one. And, 59% of parents with children at home say they are more concerned now than ever before about the rising costs of child care.&nbsp; While there are some safety nets out there to support working parents, they could use more<\/p>\n","protected":false},"author":1391,"featured_media":5737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"care_post_updated_flag":false,"care_updated_date":"","last_update":"2023-05-02","content-type":"","footnotes":""},"categories":[15],"tags":[7,12,19,10],"member-type":[],"vertical":[],"platform":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tax credits and child care benefits can help with rising cost of child care | Care for Business<\/title>\n<meta name=\"description\" content=\"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tax credits and child care benefits can help with rising cost of child care\" \/>\n<meta property=\"og:description\" content=\"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\" \/>\n<meta property=\"og:site_name\" content=\"Care for Business\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-06T19:34:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-02T18:07:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jess Marble\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jess Marble\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\"},\"author\":{\"name\":\"Jess Marble\",\"@id\":\"https:\/\/www.care.com\/business\/#\/schema\/person\/96c2006f13096a65f6a4a7621eccfa1e\"},\"headline\":\"Tax credits and child care benefits can help with rising cost of child care\",\"datePublished\":\"2023-03-06T19:34:58+00:00\",\"dateModified\":\"2023-05-02T18:07:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\"},\"wordCount\":941,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.care.com\/business\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg\",\"keywords\":[\"Corporate Culture\",\"Employee Benefits\",\"Retention Strategies\",\"Working Parents\"],\"articleSection\":[\"Caregiving Solutions\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.care.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\",\"url\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\",\"name\":\"Tax credits and child care benefits can help with rising cost of child care | Care for Business\",\"isPartOf\":{\"@id\":\"https:\/\/www.care.com\/business\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg\",\"datePublished\":\"2023-03-06T19:34:58+00:00\",\"dateModified\":\"2023-05-02T18:07:32+00:00\",\"description\":\"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage\",\"url\":\"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg\",\"contentUrl\":\"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg\",\"width\":640,\"height\":450,\"caption\":\"Tax credits and child care benefits can help with rising cost of child care\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.care.com\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tax credits and child care benefits can help with rising cost of child care\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.care.com\/business\/#website\",\"url\":\"https:\/\/www.care.com\/business\/\",\"name\":\"Care for Business\",\"description\":\"Care for Business\",\"publisher\":{\"@id\":\"https:\/\/www.care.com\/business\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.care.com\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.care.com\/business\/#organization\",\"name\":\"Care for Business\",\"url\":\"https:\/\/www.care.com\/business\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.care.com\/business\/#\/schema\/logo\/image\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"Care for Business\"},\"image\":{\"@id\":\"https:\/\/www.care.com\/business\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.care.com\/business\/#\/schema\/person\/96c2006f13096a65f6a4a7621eccfa1e\",\"name\":\"Jess Marble\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.care.com\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.care.com\/wp-content\/uploads\/2022\/07\/cropped-Jess-Marble-96x96.png\",\"contentUrl\":\"https:\/\/www.care.com\/wp-content\/uploads\/2022\/07\/cropped-Jess-Marble-96x96.png\",\"caption\":\"Jess Marble\"},\"description\":\"As Director, Care for Business, Jess Marble serves as a partner to the most innovative employers in the world, working to create equitable and accessible opportunities for their employees to find care. Jess and her team are responsible for inspiring, connecting with, and driving partnerships with leading companies.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/jessicamarble\/\"],\"url\":\"https:\/\/www.care.com\/business\/author\/jessicamarble\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tax credits and child care benefits can help with rising cost of child care | Care for Business","description":"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/","og_locale":"en_US","og_type":"article","og_title":"Tax credits and child care benefits can help with rising cost of child care","og_description":"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.","og_url":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/","og_site_name":"Care for Business","article_published_time":"2023-03-06T19:34:58+00:00","article_modified_time":"2023-05-02T18:07:32+00:00","og_image":[{"width":640,"height":450,"url":"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg","type":"image\/jpeg"}],"author":"Jess Marble","twitter_card":"summary_large_image","twitter_description":"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.","twitter_misc":{"Written by":"Jess Marble","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#article","isPartOf":{"@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/"},"author":{"name":"Jess Marble","@id":"https:\/\/www.care.com\/business\/#\/schema\/person\/96c2006f13096a65f6a4a7621eccfa1e"},"headline":"Tax credits and child care benefits can help with rising cost of child care","datePublished":"2023-03-06T19:34:58+00:00","dateModified":"2023-05-02T18:07:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/"},"wordCount":941,"commentCount":0,"publisher":{"@id":"https:\/\/www.care.com\/business\/#organization"},"image":{"@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage"},"thumbnailUrl":"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg","keywords":["Corporate Culture","Employee Benefits","Retention Strategies","Working Parents"],"articleSection":["Caregiving Solutions"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.care.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/","url":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/","name":"Tax credits and child care benefits can help with rising cost of child care | Care for Business","isPartOf":{"@id":"https:\/\/www.care.com\/business\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage"},"image":{"@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage"},"thumbnailUrl":"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg","datePublished":"2023-03-06T19:34:58+00:00","dateModified":"2023-05-02T18:07:32+00:00","description":"Here\u2019s what\u2019s changing in 2023 with the Child Tax Credit and nanny tax, and how employers can help offset costs with child care benefits.","breadcrumb":{"@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#primaryimage","url":"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg","contentUrl":"https:\/\/www.care.com\/business\/wp-content\/uploads\/sites\/5\/2023\/01\/Tax-Credits-Child-Care-Benefits.jpg","width":640,"height":450,"caption":"Tax credits and child care benefits can help with rising cost of child care"},{"@type":"BreadcrumbList","@id":"https:\/\/www.care.com\/business\/tax-credits-and-child-care-benefits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.care.com\/business\/"},{"@type":"ListItem","position":2,"name":"Tax credits and child care benefits can help with rising cost of child care"}]},{"@type":"WebSite","@id":"https:\/\/www.care.com\/business\/#website","url":"https:\/\/www.care.com\/business\/","name":"Care for Business","description":"Care for Business","publisher":{"@id":"https:\/\/www.care.com\/business\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.care.com\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.care.com\/business\/#organization","name":"Care for Business","url":"https:\/\/www.care.com\/business\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.care.com\/business\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"Care for Business"},"image":{"@id":"https:\/\/www.care.com\/business\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.care.com\/business\/#\/schema\/person\/96c2006f13096a65f6a4a7621eccfa1e","name":"Jess Marble","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.care.com\/business\/#\/schema\/person\/image\/","url":"https:\/\/www.care.com\/wp-content\/uploads\/2022\/07\/cropped-Jess-Marble-96x96.png","contentUrl":"https:\/\/www.care.com\/wp-content\/uploads\/2022\/07\/cropped-Jess-Marble-96x96.png","caption":"Jess Marble"},"description":"As Director, Care for Business, Jess Marble serves as a partner to the most innovative employers in the world, working to create equitable and accessible opportunities for their employees to find care. Jess and her team are responsible for inspiring, connecting with, and driving partnerships with leading companies.","sameAs":["https:\/\/www.linkedin.com\/in\/jessicamarble\/"],"url":"https:\/\/www.care.com\/business\/author\/jessicamarble\/"}]}},"created":"2023-03-20","_links":{"self":[{"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/posts\/5732"}],"collection":[{"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/users\/1391"}],"replies":[{"embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/comments?post=5732"}],"version-history":[{"count":7,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/posts\/5732\/revisions"}],"predecessor-version":[{"id":7154,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/posts\/5732\/revisions\/7154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/media\/5737"}],"wp:attachment":[{"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/media?parent=5732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/categories?post=5732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/tags?post=5732"},{"taxonomy":"member-type","embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/member-type?post=5732"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/vertical?post=5732"},{"taxonomy":"platform","embeddable":true,"href":"https:\/\/www.care.com\/business\/wp-json\/wp\/v2\/platform?post=5732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}