Lack of affordable and accessible child care is the #1 reason parents with children under 6 leave their jobs in Florida.
Florida’s child care tax credit provides businesses with the potential for significant tax savings while supporting employees’ childcare needs. This guide explains how your business can benefit and support Florida’s economy by expanding access to quality child care:
Each year in Florida, nearly $5.4 billion dollars in economic value is lost due to working parents having to be away from their jobs while caring for children under the age of six. Through the release of the Untapped Potential in FL report, the Florida Chamber Foundation, in partnership with the National Chamber Foundation, is bringing light to the impact Florida’s childcare crisis has on early learning, workforce productivity, and our economy.
