A tax credit is even more valuable to families than a tax deduction! It’s a dollar-for-dollar reduction in the taxes you owe. Some credits are refundable—reducing taxes otherwise owed to zero and paying a refund.
NEW federal tax benefits:
TheAmerican Rescue Plan Act of 2021 enhanced the benefits of families with children and child care specifically. The details of the new benefits can be hard to understand, so we’re here to break it down.
Under current federal law, eligible families can claim 2021 child care tax credits up to the following maximum amounts:
There are rules for these federal tax credits, so please speak to your tax advisor about how they apply to your family. In the meantime, this child care tax credits calculator is a quick tool for a broad estimate.
State Tax Benefits:
Each state offers different tax credits to offset the cost of child care. See what benefits might be available to you in Oregon.
If your family needs help with tuition, there are state and local agencies to provide tuition subsidies. This map is a great starting point for finding the available financial assistance resources.
Families involved in the U.S. Military, U.S. Coast Guard, U.S. Customs and Border Protection, U.S. National Park Services, and U.S. General Services Administration may be eligible for child care assistance. Call us to see if you qualify.
More and more employers add child care benefits to their employee compensation packages because it’s hard to do your job without reliable child care!
Talk with your employer or your HR department about whether they offer child care benefits and how to use them.
You could receive additional benefits if you have more than one child enrolled with us or work for the Military, Intel, or Nike.
Sibling Discounts
When families stick with us for more than one child’s care and education, that loyalty goes both ways! If you enroll more than one child with us, we’ll offer you a tuition credit.
Military Discounts
Families involved in the U.S. Military may be eligible for child care assistance.
Ask us if you qualify for our in-house Military Discount.
Intel/Nike Discounts
If you work for Intel or Nike, ask us if you qualify for our in-house discount.