If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming ...

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 ...

States can help families afford the rising cost of basic needs by considering legislation that gives families the option to ...

The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...

The families of New Mexico also have improved financial support in the form of the New Mexico expanded Child Tax Credit, which gives large refundable benefits to eligible children. It is a progressive ...

Almost one in three children could be left out of the boosted Child Tax Credit (CTC) approved by Congress this week, researchers said. The CTC is a federal tax benefit aimed at helping families offset ...

Nearly 24,000 New Mexico families could be missing out on more than $10 million in child tax credits they didn’t claim on their 2023 or 2024 returns.According to the New Mexico Taxation and Revenue ...

The 2021 expanded Child Tax Credit (ECTC) provided families with six monthly cash transfer payments disbursed between July and December 2021, with the goal of alleviating financial strain during the ...