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There are three federal tax provisions related to child care. Trump's new tax law recently expanded all of them through a reconciliation package.
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.
Trump's new law offers tax breaks for families but slashes healthcare and food aid. Here's what parents need to know about ...
The measure also contains two provisions intended to help families pay for child care, which in many places costs more than a mortgage. It increases the tax credit parents receive for spending money ...
President Donald Trump signed his "big beautiful" spending bill into law on July 4.One provision is an increase to the ...
President Donald Trump has signed the "Big, Beautiful Bill" into law, a sweeping tax cut and spending package. The new law ...
Congress failed to extend funding for the credit, and these families reflected on how the payments shaped their lives amid COVID-driven economic uncertainty and how they are getting by now.
The last round of monthly Child Tax Credit payments will arrive in bank accounts on Dec. 15. Here’s what to expect from the IRS in 2022.