In early July House Resolution 1 was signed into law. Three child care provisions could help your employees: |
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They aren't huge steps forward, but they are meaningful differences in a positive direction. We encourage you to consult a tax professional with questions about implications for your own finances. Here are two resources offering detailed explanations of the changes: Bipartisan Wins for Working Families in the 2025 Reconciliation PackageTOPLINES: Child Care in the 2025 Tax Reconciliation Package |