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Childcare Tax Break Breakdown
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Childcare Tax Break Breakdown

Author: Greg Crisci & Doug Devereaux

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Welcome to 'Childcare Tax Break Breakdown,' the essential podcast for HR and operation leaders in large enterprise organizations across the United States. Hosted by Greg and Doug, two experts with a shared passion for savvy financial solutions and a unique personal bond - both are proud dads, former single fathers, born on the same day, and enthusiasts in finding financial loopholes. Every episode guides you through the latest childcare legislation and financial grants, offering insights into application processes, usage, and their critical importance to your organization. Beyond the technicalities, they bring a personal touch with stories from their parenting experiences, adding warmth and relatability. Stay informed and ahead of the curve by subscribing to 'Childcare Tax Break Breakdown' and join Greg and Doug on a journey through the financial landscape that shapes the future of childcare and organizational growth.

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16 Episodes
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Send us a text In this quick-hit episode, Greg and Doug break down three timely topics every employer should track: Federal shutdown implications for childcare: potential CCDBG disruptions, what’s likely, and how to support employees if subsidies pause or payments lag.The Child Care Modernization Act (SB 2828): bipartisan momentum, key provisions to fix provider payment rates, increase supply, and support mixed-delivery care—and why appropriations still matter.Colorado’s playbook: why the sta...
Send us a text New Mexico just became the first state to offer FREE childcare to everyone. Iowa gave $14M to businesses to figure it out themselves. Which approach actually works? In Episode 16, Greg and Doug break down two radically different approaches to America's childcare crisis after spending a week on the road with employers facing real challenges. What you'll learn: How New Mexico's $1B universal childcare program works (and why it might fail)Iowa's $16,000-per-slot business grant mod...
Send us a text We dive into the enhanced employer-provided child care tax credit hidden in the "One Big Beautiful Bill Act" and why ignoring this opportunity is benefits malpractice for employers seeking to attract and retain talent. • The employer-provided child care tax credit (45F) is increasing from $150,000 to $500,000 for large businesses and $600,000 for small businesses starting January 1, 2026 • Large businesses can now receive 40% back and small businesses 50% back on qualified chi...
Send us a text In this episode, Greg and Doug discuss the recent developments in backup care and childcare tax credits across Georgia, Missouri, and at the federal level. They explore the implications of these changes for employers and families, the inefficiencies of current backup care programs, and introduce a new model called Care Cash that aims to provide more value to employees. The conversation highlights the need for better alignment between childcare benefits and the actual needs of f...
Send us a text Welcome to Episode 12 of the Tax Break Breakdown with your hosts, Greg and Doug. After a few months' hiatus, we're back with some important updates and discussions on childcare tax credits and their implications for both employers and employees. Key Highlights: Personal Update: Greg's New Baby: Greg shared the exciting news of welcoming his new baby boy, Sawyer, three months ago. He expressed gratitude for the generous paid leave policy at their company, Upwards, which allowed ...
Send us a text Welcome to Episode 11 of the Child Care Tax Break Breakdown podcast with hosts Greg and Doug! In this episode, they discuss the challenges of finding child care, the impact of child care shortages, and solutions implemented in Vermont and Japan. Support the show and buy us a coffee: https://www.buymeacoffee.com/taxbreakbreakdown In Vermont, a new $125 million annual investment aims to stabilize the workforce, create a more affordable Vermont, and expand financial assistance el...
Send us a text On our 10th episode of the Childcare Tax Break Breakdown we discuss a potential new bill introduced at the federal level, the Child Care for American Families Act, H.R. 8540. The bill aims to enhance the Employer Child Care Tax Credit, increasing the general percentage for qualified childcare expenditures to 40%. For small businesses with 500 or fewer employees, the bill proposes a 50% credit on expenditures. The bill also sets a cap at 60% of expenditures for rural and low-inc...
Send us a text Support our podcast and buy us a coffee (we need it): https://www.buymeacoffee.com/taxbreakbreakdown Ever wondered how effective childcare tax credits really are for employers and employees? Join us as we uncover the intricacies of Pennsylvania's House Bill 1958, which offers a 30% tax credit for employers contributing to childcare costs. Doug shares insights from his upcoming father-son trip to Dollywood before we dive into the pressing topic of childcare stipends and their i...
Send us a text As we navigate the heartfelt observances of Mother's Day and the National Day Without Child Care, we uncover the stark realities child care providers face every single day. From the grueling hours and low compensation to the burdensome costs of operations, our latest episode offers an eye-opening discussion on the dire need for systemic support in this crucial sector. The spotlight turns to Alabama's groundbreaking HB 358; a piece of legislation poised to make a considerable di...
Send us a text Episode 7: Childcare Tax Credit Programs - A Deep Dive with Greg and Doug Welcome back to the newly renamed Childcare Tax Break Breakdown, where we dissect the latest in childcare tax credits and benefits that employers can leverage. In this episode, we've covered a lot of ground, from state care policies to innovative employer strategies. State Care Policy Report Cards We kicked off with a discussion about The Century Foundation's report card on state care policies. No stat...
Send us a text On this episode of the Tax Break Breakdown, Greg and Doug dive into the tax breaks available in different states, focusing on Missouri and Minnesota. They discuss the challenges and opportunities in accessing these tax incentives, highlighting the importance of staying informed and proactive. Join them as they break down the details of Bill SB 742 and share valuable insights for businesses seeking tax relief. Support the show Thank you for joining us on 'Childcare Tax Break Bre...
Send us a text In this episode, we discuss the expansion of childcare benefits and the impact of flexible work on turnover. They provide insights on calculating turnover costs and how to calculate the return on investment (ROI) for implementing a childcare benefit program with a real life spreadsheet example that you can download here. The episode highlights the importance of supporting working parents and the potential cost savings for organizations. Takeaways Childcare benefits can help red...
Send us a text Celebrate with us as we hit a podcast subscriber milestone—it's a jovial start with a personal twist, discovering that our car choices are as identical as our mission to dissect critical issues! After a little banter, we steer the conversation to a topic close to many hearts and homes: childcare support for working parents. We revisit Indiana’s impressive initiative, which dished out $18.1 million in childcare subsidies, and we unpack the ripple effect this has on families and ...
Send us a text Struggling to integrate childcare into your company's benefits package? Look no further, as Greg and I unfold an innovative 12 Step Program to Solving Child Care for Employers, perfectly tailored to provide sustainable solutions. As we celebrate the growth of our community, we share a heartfelt "grug fact of the day," connecting our personal experiences with the universal quest for work-life balance. Our goals for the new year are clear: I'm focusing on discipline and self-cont...
Send us a text Episode 2 Summary: Greg and Doug tackle the pressing issue of childcare in manufacturing, particularly in rural areas, in this enlightening episode. They kick off the discussion with an update on the CHIPS Act funding and the newly revised criteria for HSAs, FSAs, and HRAs. The core of the episode revolves around innovative strategies to overcome childcare hurdles for manufacturers, highlighting the untapped potential of licensed home daycares. The duo also sheds light on the p...
Send us a text Just two dads talking childcare tax credits. Free money for employers in Indiana! Welcome to the inaugural episode of the "Tax Break Breakdown" podcast, hosted by Greg and Doug! Tailored for HR and operations teams in enterprises, this episode serves as a comprehensive guide to navigating childcare benefits and tax breaks. Dive into the world of childcare benefits as Greg and Doug passionately discuss the significance of saving money through tax breaks. They shine a spotlight ...
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