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 ...
Washington, D.C., will become the first city with a local child tax credit. The credit is part of a strategy aimed at fighting child poverty, after evidence showed significant impacts from a temporary ...
A boost to the child tax credit could increase tax refunds for millions of taxpayers this coming tax season, with parents who have children under 17 potentially enjoying a credit worth up to $2,500 ...
The tax megabill that President Donald Trump signed into law on July 4 boosted the value of the child tax credit in 2025 to $2,200, up from $2,000. After 2025, the value of the child tax credit will ...
Forbes contributors publish independent expert analyses and insights. The House bill would increase the maximum per child credit to $2,500 through 2028, at which point it would drop to an estimated $2 ...