For the 2025 tax year, the CTC is seeing changes as part of President Trump’s tax and spending bill, often referred to as the “ big beautiful bill.” The legislation, enacted on July 4, 2025, increases ...
A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...
The child tax credit got a bump from the One Big Beautiful Bill, going from $2,000 per eligible child under 17 in tax year 2024 to $2,200 in tax year 2025. It's the first increase since the 2021 ...
Learn about the Additional Child Tax Credit, including its definition, claiming process, and special circumstances. Discover ...
Whether you’re filing for the first time or have been around the tax return block, it’s easy to confuse tax credits and deductions. Profit and prosper with the best of expert advice on investing, ...
Growing your family through adoption can be a wonderful experience, but it can be costly. However, there’s a federal tax break that might help. The adoption tax credit is a refundable federal credit ...
Thomas is a native of upstate New York and a graduate of the University at Albany. As a former member of CNET's How To team, he wrote about the intersection of policy, information and technology, and ...
It was a good run while it lasted if you were in the market for a new electric vehicle, but the moment is now almost upon us: The federal tax credit for EV purchases ends on Sept. 30. The program that ...
Most of the biggest recent developments in the world of private school choice have centered around education savings accounts, a twist on the private school voucher that parents can spend on tuition, ...