The Child Tax Credit (CTC) helps qualifying parents with children under the age of 17 offset the cost of everyday household expenses.
CTC is designed to ensure that the tax code reflects the fact that families have more expenses and less disposable income than individuals and couples with the same income who don’t have children. Parents can use this credit for any expense, even those unrelated to the cost of raising children.
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November 30, 2023
Millions of American families today are struggling to find the affordable, reliable, quality child care they depend on to go to work. This has a devastating impact on our youngest …
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December 1, 2023
Child care is not a luxury for American families – it’s a necessity. Yet the high costs associated with quality child care are rapidly out-pacing most other expenses faced by …
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September 12, 2023
Millions of American families are struggling to find the affordable, reliable, quality child care they depend on to go to work. This has a devastating impact on our youngest learners, …
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April 19, 2024
On the one-year anniversary of President Biden’s Executive Order on Increasing Access to High-Quality Care and Supporting Caregivers (Care EO), the White House brought together governors, advocates, and business leaders …
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April 18, 2024
On Wednesday, April 17, the White House brought together governors, advocates, and business leaders to underscore the important role child care plays not only in supporting working families but in …
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