Nebraska licensed child care professionals, now is the time to apply for the School Readiness Tax Credit to file with your 2021 tax return. Applying for the credit is a multiple-step process, so it’s important to begin as soon as possible. It will take time to verify...
Tag: school readiness tax credit
School Readiness Tax Credit application window reopens for 2021 tax year
Our Step-by-Step Guides can help you plan your application for the 2021 School Readiness Tax Credit Beginning July 1, Nebraska's child care professionals may begin submitting applications to take advantage of the School Readiness Tax Credit Act before the program...
Child care professionals: We need your input on the School Readiness Tax Credit
Last year, First Five Nebraska worked in close collaboration with policymakers and an array of partners to update the School Readiness Tax Credit Act so this important financial support would be available to as many child care professionals as possible. But the clock...
New report explores state, nationwide use of tax credits to spur early childhood investment
Nebraska consistently ranks among the top states with all available parents in the workforce. Before the pandemic, it ranked 5th highest among all states for working mothers of young children. Despite the high need, Nebraska faces a crisis of inadequate capacity of...
Nebraska Legislature: 2020 Early Childhood Policy Highlights
The 106th Nebraska Legislature adjourned sine die August 13. Here's an overview and summary of bills affecting early childhood policy from this year's session.
School readiness tax credit program revised to benefit more child care providers
Governor Ricketts signs LB266 into law, giving self-employed child care providers and those classified as S-Corps access to the school readiness tax credit, as intended in the original legislation.
Nebraska Legislature reconvenes July 20
The Legislatlure will reconvene July 20 for the final 17 days of this year's session, which was suspended in March due to COVID-19 emergency. Here's a look at what the remainder of the session holds and the status of bills FFN supports.
Senators advance LB266 to Final Reading
The 2020 session of the 106th Nebraska Legislature is in its third week. Senators introduced 482 new legislative proposals this session. Over the next 30 days, the 14 standing committees will conduct a public hearing for each new introduced bill.
Tax Credits Are Available to Support Quality Child Care Programs and Staff
Nebraska senators passed legislation (LB889) in 2016 giving tax credits to child care programs and their early childhood staff members beginning with tax year 2017.