LBMC Tapped as TQEE’s Tax Credit Partner to Boost Tennessee Employer Child Care Investments — LBMC, PC

Event summary

LBMC named TQEE’s official 45F Tax Credit Advisory Partner to help Tennessee employers navigate expanded federal child care tax credits.
Section 45F credits expanded for 2026 tax year: maximum annual credit increased from $150,000 to $500,000 ($600,000 for small businesses).
LBMC to advise on qualifying expenses, tax modeling, and compliance for employer-provided child care solutions.
TQEE’s 2026 report highlights 26 Tennessee employers already using child care as a workforce advantage.

The big picture

LBMC’s partnership with TQEE comes as employers increasingly recognize child care as a critical factor in recruitment and retention. The expanded 45F credits provide a financial incentive for businesses to invest in workforce solutions, potentially reshaping employer-provided benefits in Tennessee. With LBMC’s tax expertise and TQEE’s workforce insights, the collaboration aims to bridge the gap between policy and practical implementation.

What we're watching

Adoption Pace: How quickly Tennessee employers will leverage the expanded 45F credits to fund child care initiatives.
Competitive Advantage: Whether child care support will become a standard workforce retention tool across industries.
Regulatory Compliance: The effectiveness of LBMC’s guidance in helping employers navigate Section 45F’s documentation and nondiscrimination requirements.