Employer-paid leave and childcare tax credits update under OBBBA
The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, made the employer credit for paid family and medical leave under IRC Section 45S and the employer-provided childcare tax credit under IRC Section 45F permanent and enhanced the credits in tax years starting after December 31, 2025. These enhancements will expand eligibility and...

