Trump's 'Big, Beautiful Bill' Wants to Extend the Increased Child Tax Credit
You're not alone in feeling uncertain about your financial future right now. The Trump administration is shaking a lot of things up and a high cost of living remains an issue for many Americans.Right now, Congress is in the process of hammering out the details of a tax bill that will have a significant effect on all our lives over the coming years. While nothing's been finalized yet, House Republicans have put forth their idea in a bill titled "The One, Big, Beautiful Bill," in homage to President Donald Trump.The 389-page bill covers a variety of tax changes. But one of the most interesting to parents is an extension of the increased child tax credit that was established in 2018. Here's what you need to know.Continue reading
You're not alone in feeling uncertain about your financial future right now. The Trump administration is shaking a lot of things up and a high cost of living remains an issue for many Americans.
Right now, Congress is in the process of hammering out the details of a tax bill that will have a significant effect on all our lives over the coming years. While nothing's been finalized yet, House Republicans have put forth their idea in a bill titled "The One, Big, Beautiful Bill," in homage to President Donald Trump.
The 389-page bill covers a variety of tax changes. But one of the most interesting to parents is an extension of the increased child tax credit that was established in 2018. Here's what you need to know.
