close
close

Ecurie-esperluette

News that Lasts, Stories that Matter

Child and Dependent Care Tax Credit (CDCTC): Overview
ylosta

Child and Dependent Care Tax Credit (CDCTC): Overview

Millions of American families struggle to find quality, reliable, and affordable child care they can rely on. This has a devastating impact on our youngest students, working families and the health of local economies. Increasing the availability of quality child care enables and encourages parents to enter or return to the workforce. It also has a real impact on the workforce of the future, supporting the development of the skills children need to succeed in later life.

Updating the federal tax code, including the Child and Dependent Care Tax Credit (CDCTC), is an important part of any child care solution because it benefits working parents and young children while maintaining economic stability across the country.