The changes increase the total amount of the tax credit from $2,000 to $2,200, and index it to inflation so it grows over the ...

Are you a parent? The so-called ‘One Big Beautiful Bill’ (OBBB) impacts several key tax incentives that can affect your ...

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

There are three federal tax provisions related to child care. Trump's new tax law recently expanded all of them through a ...

For many, summer is a time for relaxation, fun, and adventure. But did you know that certain summertime activities might ...

The lengthy bill long championed by the president will impact Americans in various ways. Here's just a snapshot for ...

Advocates say new reports will help make their case for a CT child tax credit by emphasizing hefty tax burdens and a high cost of living.

In 2021, Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to families with no or little income. This policy change cut ...

Supporters of a new income tax credit for middle-class households with children couldn’t overcome Gov. Ned Lamont’s objections this spring, despite strong grassroots support and broad backing ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to benefit.