News

There are three federal tax provisions related to child care. Trump's new tax law recently expanded all of them through a ...
The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...
A new child tax credit is coming, bringing changes that will alter how much assistance families receive and which families ...
The newly enacted "One Big Beautiful Bill" increases the child tax credit to $2,200 starting in 2025. As mentioned, the ...
John Reid, the Republican candidate for lieutenant governor, pushed for Virginia to expand its state-level child tax credit in a newly announced plan.
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 ...
President Donald Trump signed his "big beautiful" spending bill into law on July 4.
Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.
Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...
Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to benefit.
President Donald Trump has signed the "Big, Beautiful Bill" into law, a sweeping tax cut and spending package. The new law ...
“We are absolutely committed to continuing to make the case for a child tax credit,” said Lisa Tepper Bates, president and CEO of the United Way of Connecticut, which collected nearly 1,300 supporting ...