News

There are three federal tax provisions related to child care. Trump's new tax law recently expanded all of them through a ...
President Donald Trump signed his "big beautiful" spending bill into law on July 4.
The child tax credit has been offered to U.S. taxpayers for nearly 30 years, but its value has varied across presidential administrations. With the passage of the One Big Beautiful Bill ...
The newly enacted "One Big Beautiful Bill" increases the child tax credit to $2,200 starting in 2025. As mentioned, the ...
Despite increasing the child tax credit, the One Big Beautiful Bill Act leaves most parents no better off than before, offering little relief for families.
Key provisions in the president’s signature legislation will take effect at different times over several years.
Many middle-class and wealthy families will see some benefits from the new legislation. But programs that help low-income ...
Trump's "big beautiful" bill became law when he signed the policy on July 4, but Americans likely won't feel the impact of ...
Senior Congress and Campaigns Reporter Riley Beggin breaks down the signature policy changes laid out in the recently passed ...
Permanently expanded the tax credit for working parents — known as the Child and Dependent Care Tax Credit (CDCTC) for the ...