News

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 ...
The thing about a bill that's nearly 900 pages long, of course, is that understanding what it contains is no easy feat – and leaves plenty of room for each party to focus on the parts it wants to talk ...
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.
The Trump Tax Bill increases the Child Tax Credit to $2,200 by 2026, but excludes millions of low-income families from the full benefit. We explain the details.
A new poll shows most Americans see child care costs as a major issue, and majorities support the federal government offering ...
The new legislation will also increase the child tax credit deduction from $2,000 to $2,200 per child. However, families that don’t earn enough to owe income tax may still not receive the full benefit ...
President Donald Trump signed his "big beautiful" spending bill into law on July 4.
The sweeping and controversial One Big Beautiful Bill Act (OBBBA) fulfills many of Donald J. Trump's 2024 campaign promises: ...