Cash out on caring.
Childcare for them. Tax breaks for you.
Support your employees with childcare.
Support your bottom line with tax credits.
Perquity Will:
Pay your
employees’
childcare
providers
directly
employees’
childcare
providers
directly
Keep you
compliant
with all
requirements
compliant
with all
requirements
Deliver
every
eligible
dollar
back in
tax
credits
every
eligible
dollar
back in
tax
credits
Backed by businesses that back their people.
Built by CPAs.
Approved by the IRS.
Perquity is a childcare benefit intermediary that helps employers support their teams by contributing toward childcare costs paid directly to licensed providers. Through a combination of Federal and State tax credits and deductions, employers in New York State can receive back between 75% and 125% of the amount spent. Recent updates to federal childcare credit laws have expanded eligibility and increased the maximum reimbursement, making employer participation more valuable than ever.
Get credit for caring.
Turn childcare costs into tax savings. Automatically.
Here’s how it works and why it pays:
Employers Join
Start strong:
Register through the secure employer portal in minutes and invite your team to participate.
Employees Enroll
One link, everyone in:
Each employee signs up through a single link, selects their licensed childcare provider, and sets their benefit amount.
Providers Connect
Licensed and locked in:
Perquity verifies each provider’s licensing and banking details, ensuring every payment is legitimate and on time.
Payments Automate
Let the funds flow:
Funds are disbursed directly to providers each month, eliminating the need for manual processing.
Process Complies
Audit-proof process:
Each transaction is tracked under Sections 45F and 129, keeping your records accurate and audit-ready.
Payroll Syncs
Your schedule, our system:
Perquity syncs every report into your custom payroll schedule, so tax reporting and payroll stay aligned.
Benefits Flex
Designed around decisions:
Employees choose whether to exempt up to $7,500 from tax. Perquity tracks elections automatically, maintaining flexibility and compliance.
Dashboards Update
Clarity on command:
Employers, employees, and providers can see precisely what’s covered and when with no guesswork or delays.
Credits Return
No-catch credits:
At year-end, Perquity delivers ready-to-file reports so every eligible tax dollar is reclaimed with zero extra admin work.
The Credit Math
The formula is simple: the more you support your team, the more the system supports you.
Employer taxable
earnings
earnings
Approximate
taxes owed*
taxes owed*
(without paying for childcare)
Annual gross
childcare cost
childcare cost
Approximate
taxes owed
taxes owed
(after paying for childcare)
Net Childcare Cost
(Childcare cost minus tax savings)
$250,000
$73,973
$50,000
$32,473
(NYS 50% tax credit + 33%
marginal tax rate savings)
marginal tax rate savings)
$8,500
$500,000
$199,867
$50,000
$151,867
(NYS 50% tax credit + 46%
marginal tax rate savings)
marginal tax rate savings)
$2,000
$1,000,000
$479,136
$50,000
$428,636
(NYS 50% tax credit + 51%
marginal tax rate savings)
marginal tax rate savings)
($500)
*This assumes a NYC corporation, simple income scenario and MFJ
For your people. For your profit.
Effortless
Admin
Admin
Perquity handles contracts, payments, compliance, and payroll reporting so HR never has to.
Recruiting
Advantage
Advantage
Stand out in a competitive market with the most in-demand benefit: childcare support.
Guaranteed
Compliance
Compliance
Every payment, report, and requirement is tracked with precision.
Tax-Smart
Giving
Giving
Support your team with childcare while reclaiming every eligible dollar through tax credits.
Stronger
Retention
Retention
Employees who feel supported with real-life costs stay loyal, engaged, and motivated.
Inclusive
By Design
By Design
Childcare support spans every role and salary, making it the most inclusive benefit you can offer.
Brains, bills, and a better way.
About the Founder
Perquity was founded by Yechiel Steinberg, a CPA and CFO who sees taxes not as red tape but as an opportunity. With a deep command of tax law and a passion for helping businesses and families keep more of what they earn, he’s spent his career turning complex codes into everyday savings. His expertise and his relentless drive power the precision and purpose behind Perquity.
Before you can even wonder.
Clarity on costs, compliance, and everything in between.
Can I estimate how much I’ll get back?
Yes. In NY You’ll typically get back 50% plus your marginal tax rate. For example, if you spend $100,000 on childcare and your marginal tax rate is 30%, your total tax savings would be about $80,000. In some cases, companies can recover 100% and more — up to half their marginal rate on top. See perquity.com/its-the-law for a full explanation.
What is a marginal tax rate?
Your marginal tax rate is the combined rate you pay on your next dollar of income, adding together federal, state, and local taxes. It’s not the rate on all your income, just the top slice.
How much do childcare providers get paid?
Providers are paid fair market rates based on the government childcare voucher system, adjusted each year for inflation, setting, and age group.
Does this cost the employer anything?
No out-of-pocket fees. Employers make one tax-deductible payment per month; Perquity’s cost is built in.
What happens if a provider isn’t already enrolled?
Employees can invite providers directly. Perquity verifies and signs them up before payments begin.
Is this fringe benefit taxable for the employee?
Partially. Up to $7,500 per year can be tax-free, and Perquity tracks elections for compliance and assists with payroll processing.
How do employers get the tax credit?
At year-end, Perquity generates ready-to-file reports, ensuring that every eligible dollar is reclaimed with immediate reductions on your quarterly estimated payments.
Can we do all this in-house?
Yes, but doing it manually takes about 50 hours per employee each year. You will need to vet and sign a contract with each provider, process monthly payments to each provider, and calculate fringe benefit payroll reporting for each employee.
Can employers/self-employed use this benefit for their own children?
Yes. We are still waiting for final approval from the IRS to confirm this.
Can an employer reduce employee payroll and still claim the full tax credit?
Yes. We are still waiting for final approval from the IRS to confirm this.
Is the NYS refundable portion of the tax credit subject to federal tax?
No. We are still waiting for final approval from the IRS to confirm this.
Can I pay nursery school tuition using this credit?
Yes, if the school is a licensed childcare provider.
Can I use this credit to pay for Kindergarten+ age school tuition?
Yes, if the school is a licensed childcare provider and provides after-school childcare. School hours do not qualify.
Can a non-profit benefit from this credit?
No, unless they have a C Corp subsidiary and could file a NYS refundable tax credit at the sub level (legal guidance required)
Do both spouses need to work to qualify?
No.
See who's giving this new law credit.
Sen. Katie Britt (R‑AL)
The enhanced Employer‑Provided Child Care Tax Credit is a direct investment in working families and the small businesses that drive our economy.
Source: alreporter.com, June 2025
Sen. Tim Kaine (D‑VA)
Expanding the Employer‑Provided Child Care Tax Credit helps address the nation’s child care crisis and keeps parents in the workforce.
Source: kaine.senate.gov, March 2025
Rep. Mike Lawler (R‑NY)
The Employer‑Provided Child Care Tax Credit puts more money back into working families’ pockets and helps parents build a better future.
Source: lawler.house.gov, March 2025
Sen. Kirsten Gillibrand (D‑NY)
Expanding the Employer‑Provided Child Care Tax Credit is a practical, pro‑family step to lower child care costs and keep parents working.
Source: kaine.senate.gov, March 2025
Sen. Katie Britt (R‑AL)
Modernizing the Employer‑Provided Child Care Tax Credit empowers parents to grow their families and strengthens America’s workforce.
Source: alreporter.com, June 2025
Sen. Tim Kaine (D‑VA)
By improving Section 45F, we support families, strengthen businesses, and make high‑quality child care more accessible for working parents.
Source: kaine.senate.gov, March 2025