In the nearly 900 pages of President Donald Trump’s tax and spending bill are several provisions that parents and guardians ...

Schedule of 2021 Monthly Child Tax Credit Payments. Subscribe to Kiplinger’s Personal Finance. Be a smarter, better informed investor. Save up to 74% Sign up for Kiplinger’s Free E-Newsletters.

Many parents were thrilled to have hundreds of dollars suddenly land in their bank accounts last week, as the Internal Revenue Service distributed the first of six monthly child tax credit payments.

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

The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...

While a change to the maximum credit sounds good, the approved Senate proposal does not change how much of said credit is ...

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

The US Congress has recently passed the ambitious tax package known as "The One, Big, Beautiful Bill", a proposal pushed by ...

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.

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...