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 state scored an A, but some are making strides with Bs. Massachusetts, California, Colorado, Minnesota, and Oregon topped ..read more

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 'Tax Break Breakdown'! If you found our deep dive into Indiana's childcare benefit program insightful, please consider subscribing for more va ..read more

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 reduce turnover and improve employee satisfaction. Calculating turnover costs is essential for understanding the financi ..read more

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 their livelihoods. And that's not all; we also sprinkle in fun facts like our car coincidence that'll have you chuckli ..read more

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-control, while Doug is all in for more family time, showcasing the importance of personal growth alongside professional co ..read more

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 pivotal role of employers in fostering effective childcare solutions. Delving deeper, Greg and Doug outline key factors ..read more

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 on Indiana's childcare benefit program, a game-changer that offers grants to employers, empowering them to support the ..read more