The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...

There are three federal tax provisions related to child care. Trump's new tax law recently expanded all of them through a ...

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 ...

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.

How many of the extended TCJA provisions in the so-called 'One Big Beautiful Bill' (OBBB) will impact your wallet?

President Donald Trump signed his "big beautiful" spending bill into law on July 4.

Permanently expanded the tax credit for working parents — known as the Child and Dependent Care Tax Credit (CDCTC) for the ...

Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...

The Early Care and Education Consortium (ECEC) applauds Congress for including $16 billion in child care tax incentives in the One Big Beautiful Bill Act (OBBA) that passed out of both chambers on ...

The GOP tax and spending bill raises the child tax credit from $2,000 to $2,200, adjusts it annually for inflation, and enshrines it permanently into U.S. tax code. However, another provision requires ...

San Antonio, Texas — As Congress deliberates potential changes to the federal child tax credit, Texas child advocates are raising concerns about the impact on l ...