child care stabilization grant taxablecheap mobile homes for rent in newnan, ga

If the family is still eligible at redetermination, they should receive another minimum 12-month eligibility period and should not be placed on a waitlist. Q: If I use the grant for my IRA, can I deduct 100% of this on my taxes? Any expenses incurred by the intermediaries that are not part of the subgrants will count against the administrative set-aside of either 10 percent for states and territories, or 20 percent for tribal lead agencies, and are subject to the same obligation and liquidation deadlines. The CARES Act and the CRRSA Act do not address the minimum 12-month eligibility period for essential workers; accordingly, regular CCDF/CCDBG rules apply. State, Territory, and Tribal Lead Agencies have broad flexibility to operate the CCDF program and have a number of options within federal statute and regulation to adapt policies in order to maintain continuity of services for families affected by a disaster. Lead Agencies should consider whether there are more appropriate sources of fundingsuch as public education dollarsto pay for this equipment. The PowerPoint from the training sessions can be found on the EEC website under the Resources section: The feedback will only be used for improving the website. Lead Agencies should ensure that payment practices for each type of provider reflect generally accepted payment practices in order to ensure that families have access to a range of child care options. These are some of the many questions Ive received during my February 10th webinar How to Save Money on Your 2021 Taxes. Heres a link to the recording and power point for this webinar. Without a waiver in accordance with 45 CFR 98.19 (covering requests for temporary relief from requirements), OCC does not have the authority to provide an extension of the CCDF obligation and liquidation periods. The Child Care Stabilization Grant is considered income and is taxable. Almost. Broaden/loosen any State-, Territory-, or Tribal-specific eligibility requirements for CCDF subsidies up to the Federal maximum allowed. You would report $5,000 as income and $2,000 as an expense, and end up paying taxes on the difference, or $3,000. If you are not selected for a review, you should still observe sound documentation practices and prepare as you may be selected for review or asked for supporting documentation by EEC in the future. Get more information about KidKare. The request is limited to an initial period of no more than two years from the date of approval, and at most, an additional one-year renewal from the date of approval of the extension. receipts, checks), c. Reviewing C3 training materials provided by EEC. However, Lead Agencies may apply for temporary waivers for extraordinary circumstances in response to emergency situations in accordance with 45 CFR 98.19. The required W-9 information is included in the application, so providers do not need to download or upload a separate form. Lead agencies were instructed to include a description of their stabilization grant implementation, including the link to the subgrant application on their website, how grants are awarded, any strategies used to target providers in low-income communities, how funds have been used by providers, and any impacts or results on providers (e.g., increased number of licensed child care programs open in underserved area) or child care staff (e.g., increased number of staff receiving higher wages) as a result of the stabilization grants. Q: If I use the grant money to pay myself and then use the money to repair my home or fix my basement, can I deduct this as a business expense? Upon approval of a waiver request, Lead Agencies have 60 days to submit a CCDF Plan amendment to correspond with the provision(s) in the waiver request. The ARP Act Visit disclaimer pagedoes not exempt the ARP child care stabilization subgrant funding from taxation. The IRS has published information indicating that receipt of a government grant by a business is generally not excluded from the businesss gross income under the Federal Tax Code and therefore is taxable. You must claim grant funds in your business gross income. Retention of Child Care Staff. Where to find more information If you do sign up, please use the referral code 0659. These funds represent an unprecedented opportunity that will be difficult to realize without adequate staffing. The remaining funds may be used for administering the subgrants, providing technical assistance and support for applying for and accessing these subgrants, publicizing the availability of these subgrants, carrying out activities to increase the supply of child care, and providing technical assistance to help child care providers meet certain policies. associated with the licensed capacity of 50. As required at 45 CFR 98.60(d)(4)(ii),Visit disclaimer page if the lead agency does not have an applicable requirement, the regulation at 45 CFR 75.2Visit disclaimer page, Expenditures and Obligations, applies. State tax rules apply. State, Territory, and Tribal Lead Agencies have broad flexibility to operate the CCDF program and have a number of options within federal statute and regulation to adapt policies in order to maintain continuity of services for families affected by COVID-19. OCC will collect information about use of stabilization funds through the CCDF Plans. No, a program that permanently closed after 3/11/2021, is not eligible to receive an ARP Act stabilization subgrant. Enter your LEAD username, enter your LEAD password, and click Login. How far back can a program go in paying these previous expenses? Programs that permanently close are expected to notify EEC prior to their date of closure. OCC has interpreted the stabilization subgrants to be restricted to providers within the tribal lead agencys service area. If there are payments not reflected in LEAD or the program has other questions, contact the C3 Help Desk at 1-833-600-2074 or eecgrantsupport@mtxb2b.com. Lead Agencies should amend their CCDF Plan with respect to such changes. Stay tuned for additional updates on this page. Child Care Stabilization Grant OCCRRA is excited about the opportunity to support Ohio's Child Care Stabilization Sub-Grants. Lead Agencies should consider whether there are other sources of fundingsuch as public education dollarsto pay for equipment being used by children and families in the home. Q: If someone takes the grant and decides they no longer want to be in daycare, will they have to reimburse the money received? Note: Applications for the Child Care Stabilization Grant Program were due by 11:59 PM on March 30, 2022. If a program is in inactive status for a full month, they are not eligible for grant funding during that month. The process for requesting a reasonable modification can be found at, Arizona Adult Protective Services Action Plan, Become a DES Certified Family Child Care Provider, Become a Licensed Center or Group Home Provider, Current Child Care Grants and Scholarships, DES Contracted Child Care Provider Resources, File a Complaint on a DES Child Care Provider, World Elder Abuse Awareness Day Conference, Senior Community Service Employment Program, Workforce Innovation and Opportunity Act (WIOA), Child Care Stabilization Grant Program - FAQ, CCSG Workforce Support Provider Decision Tool, Child Care Stabilization Grant Monthly Reporting Training, Equal Opportunity and Reasonable Modification, DES Family Child Care Providers (including in-home providers). Is this deductible? All programs will receive a 1099 for grant funds received. You can deduct the amount you pay your assistant. Return to Top Application Process To learn more about how to apply, please view our Application Guide or Application Walk Through Video on our website available in English, Spanish, and Vietnamese. The plan includes $24 billion in child care stabilization grant funding for states, territories, and tribes to distribute within their state using the Child Care and Development Grant (CCDBG) formula. EEC will not make an unscheduled visit to conduct fiscal monitoring activities. This map provides links to available child care stabilization grant applications. Can I give him a $500 bonus? Q: Can I use this grant to pay myself? The purpose of the child care stabilization grants is to support child care centers and home-based child care providers to stay open or reopen. pdf Child Care Restoration Grants Funding Summary . CCDF Lead Agencies have the option to interpret this provision (prohibiting funding of services during the regular school day) as applying only to services when a child is physically at schooland not when a child is in a child care setting. The subgrant applications may include check boxes for providers to select, and the lead agency may treat submission of the application as the certification. Likewise, lead agencies have the flexibility to disregard payments made to youth in, or formerly in, foster care through the Chafee Program for Successful Transition to Adulthood as income. Tribal lead agencies may set-aside up to 20 percent of their ARP Act stabilization funds for administration, supply building, and technical assistance. Under federal guidance, this clearly language clearly applies to a family child care provider, even if she has no employees. Providers who served children receiving subsidies from the following programs in March 2021 will be eligible for a $600 per-child stipend: CalWORKs Stages One, Two (C2AP) and Three (C3AP) Alternative Payment Programs (CAPP) including Migrant Alternative Payment Programs (CMAP) General Child Care and Development Programs (CCTR) A child care provider that was licensed, regulated, or registered and met state and local health and safety standards as of March 11, 2021, (i.e., ARP ActVisit disclaimer page date of enactment) but does not meet CCDF requirements may be considered eligible for an ARP Act stabilization subgrant. Please let us know how we can improve this page. Program highlights follow below. Documents Center Online Services Media Center Office Locator Report Fraud Home Services Child and Family Child Care Child Care COVID-19 Grant Program Allowable changes could include children who are Tribal members, whose membership is pending, who are eligible for membership, and/or are children/descendants of members. As this requirement applies to the date of application, a school-age program that is open only during the summer would be eligible for a subgrant if the program applied for the subgrant when it opened again to provide child care services, such as in the summer when the program reopens. Though essential workers are not subject to the income eligibility requirement to receive child care services funded by the COVID-19 supplemental funds, they are subject to the other CCDF program eligibility requirements. Are the C3 Child Care Stabilization grants taxable? No other family income will be affected, meaning you wont pay higher taxes on any non-grant income. Top-requested sites to log in to services provided by the state. What are the consequences if a program is selected for fiscal monitoring, and the program is unable to produce all the documentation to support its grant expenditures? However, tribal lead agencies who do not currently operate under a consortium may coordinate a common framework such that each tribal lead agency establishes the same requirements and procedures for the stabilization grants. OCC notes that incentives that are not connected to child care programs activities are not an allowable CCDF expenditure. Q: How do I create an emergency fund with this grant? Providers are encouraged to consult with an accountant or tax expert to fully understand the tax implications of this funding. We will use this information to improve this page. Therefore, even if a Lead Agency opts to use CCDF to fund a child care providers caregiving and supervision of a child who is participating in remote learning, the Lead Agency cannot use CCDF to fund any instruction or services associated with academic credit or a schools program. For example, providing gift cards to child care providers may be allowable if the cards relate to an integral part of the child care program. If so, how do I do this? This does not require a waiver, but could require a Plan amendment. Now, thanks to passage of the American Rescue Plan Act of 2021, the child care sector will receive a total of more than $50 billion in direct relief funding. You can pay yourself and then give him a bonus. Such temporary changes would not impact the amount of care the child would receive. Yes, tribal lead agencies may use ARP Act stabilization funds for an existing multiyear construction project. T he O ff i ce of Chi l d Care's st abi l i zat i on grant s are i nt ended f or provi ders f aci ng f i nanci al burdens due t o t he CO V I D-19 pandemi c. T he f unds wi l l assi st i n st abi l i zi ng t he chi l d care DCYF Child Care Stabilization Grant As a result of the Federal American Rescue Plan Act, funds are to be used to stabilize, support, and grow the diverse early learning workforce in a way that rebuilds a stronger child care system and expands access to affordable high-quality care. However, in order to ensure compliance with the supplement not supplant requirement, OCC recommends using the ARP Act child care funds to expand the scope of the project rather than amending the funding streams described in the initial application. The amount you pay yourself has nothing to do with how many hours you work or when you work. 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