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 the maximum credit from $2,000 to $2,200 per child and indexes the amount to inflation.

Two years after the expiration of the expanded child tax credit, a pandemic-era policy that temporarily but dramatically lowered child poverty rates, federal lawmakers are close to a bipartisan deal that may reinstate some version of the credit. Leaders of ...

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, President Donald Trump passed a permanent change to the ...

Chalkbeat reports on the federal tax-credit scholarship program, raising questions on its impact on public education and private school funding.

The federal EV tax credit of up to $7,500 on electric cars and plug-in hybrids expired on Sept. 30, 2025. The changes are due to a budget reconciliation bill, also known as the One Big Beautiful Bill Act. The new and used EV tax credits were set to expire ...

The House overwhelmingly passed a bipartisan tax package on Jan. 31 that would expand corporate tax breaks and the child tax credit. The plan, known as the Tax Relief for American Families and Workers Act of 2024, is part of a months-long negotiating ...