North Dakota adds incentive for businesses to subsidize child care

With the goal of supporting working families, state lawmakers this session passed a new tax credit that subsidizes child care for North Dakota businesses.Senate Bill 2282 applies specifically to child care stipends. The tax credit allows employers that offer this benefit to write off 50% of their child care contributions off their income taxes. Businesses can claim up to $1,000 in child ...

Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.