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

President Donald Trump signed his "big beautiful" spending bill into law on July 4.One provision is an increase to the ...

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 ...

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

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

President Donald Trump has signed the "Big, Beautiful Bill" into law, a sweeping tax cut and spending package. The new law ...

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...

The bill permanently extends the major provisions of 2017’s Tax Cuts and Jobs Act, including lower tax rates, larger standard ...

Key provisions in the president’s signature legislation will take effect at different times over several years.

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