A smart new way to cycle family dollars through your business — legally and lucratively.
What Changed:
The Employer-Provided Child Care Credit under IRC §45F just got supercharged by the One Big Beautiful Bill (OBBB):
Credit increased to 40% of qualified child care expenses
Even better: Small businesses with <$25M in gross receipts get a 50% credit
Annual credit limit increased to $600,000 (indexed starting 2027)
You can now qualify even if you contract with a third-party child care provider
Also enhanced:
The Dependent Care Assistance Program (DCAP) limit under IRC §129 rises from $5,000 → $7,500 per employee (starting in 2026) — tax-free to the employee and deductible to the business.
The Strategy: Turn Your Family Into a Tax-Advantaged Payroll Loop
If you're an S-Corp owner and your spouse legitimately works in the business (admin, payroll, ops, etc.), here’s a powerful new stack:
Step 1: Put your spouse on payroll — legally and reasonably
W-2 income for real services
Eligible for benefits like DCAP
Business deducts wages + benefits
Step 2: Set up a Section 129 Dependent Care Assistance Plan
Offer a $7,500 tax-free benefit for dependent care
Funds must go to qualified child care expenses
Your spouse receives the benefit tax-free
Your business deducts it fully
Step 3: Capture the IRC §45F employer child care credit
Get 40–50% of your DCAP costs back as a tax credit
Yes — even if the benefit goes to your employee-spouse
Stack this with the deduction for maximum advantage
What Makes This Legal?
The OBBB made two critical updates:
Third-party contract eligibility: You no longer need to own the child care center — you can use outside providers.
Employee family members are allowed: There's no rule disqualifying benefits for spouses who are real employees.
Just be sure the role, wages, and benefits are substantive and documented.
Compliance Checklist:
Is your spouse doing real work?
Is compensation “reasonable” under IRS standards?
Are Section 129 plan docs in place?
Is the child care provider licensed and on record?
Are you filing Form 5500 if required for your plan?
Are you reporting the §45F credit on your return?
Why It Matters for SMBs
This isn’t just tax gymnastics — it’s a cash flow boost for working families, and a way for small businesses to keep more dollars in-house.
Pair this with other family payroll plays (like employing a child under §3121(b)(3)(A)), and the savings multiply.
Want Help Setting This Up?
We help small business owners structure payroll, benefit plans, and credit capture strategies that are fully IRS-compliant and optimized for the new law.
This is one of the best hidden wins of the OBBB — don’t miss it.