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Trump, Tax Cut and spending bill

Trump’s Big Beautiful Bill Adds Private School Tax Credit—Here’s How It Works

A provision in the One Big Beautiful Bill Act, recently signed into law by President Trump, will create the country’s first federal tax credit for donations to private schools. It aims to give families more choice in their child’s education,

CNBC on MSN · 8h

Trump's 'big beautiful' bill boosts the maximum child tax credit to $2,200—here's who qualifies

One provision is an increase to the maximum child tax credit, raising it from $2,000 per eligible child to $2,200 beginning in 2026. The 2017 Tax Cuts and Jobs Act temporarily increased the credit from $1,000 to $2,000, but was set to expire after 2025 without action from Congress.

Here’s how Trump’s spending bill will impact your money: child tax credit, no tax on tips and more

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

RIP to EV tax credit

Reuters on MSN · 15h

Automakers push EV sales as $7,500 US tax credit is set to end

Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall.

CNBC on MSN · 14h

You have less than 3 months to claim the $7,500 EV tax credit: ‘Now is the time to buy,' says car expert

The Clean Vehicle Credit, overhauled and extended through 2032 as part of the Inflation Reduction Act, will now end after Sept. 30 under President Donald Trump's "big beautiful" tax-and-spending package, meaning potential buyers have just a few months to act before the credit is discontinued.

Marketplace · 1d

RIP to the EV tax credit

It was one of many programs cut under the new GOP tax and spending bill. Plus: The future of free trade, work-life balance, and a family-owned beauty salon.

12h

3 Changes Coming to the Child Tax Credit

President Donald Trump has signed the "Big, Beautiful Bill" into law, a sweeping tax cut and spending package. The new law ...

Senate Republicans watch to ensure green energy tax credits survive Trump's latest order

A group of Senate Republicans are cautiously watching to see if a recent executive order will undo progress to temporarily ...

1hon MSN

What Trump’s big tax law could mean for the youngest Americans

The impact of the massive spending bill that President Trump signed into law is expected to filter down to infants and ...

KTNV 13 Action News1h

Federal solar tax credit ending this year, homeowners urged to act quickly

The new federal tax and spending bill slashes clean energy programs including a 30% tax credit for home solar. The program ...

5don MSN

Child Tax Credit Warning: Millions of Children Could Be Ineligible

Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...

9hon MSN

Bloom Energy bursts higher as J.P. Morgan upgrades on tax credit surprise

Bloom Energy (NYSE:BE) +16.8% to its highest since January in Wednesday's trading as J.P. Morgan upgraded shares to ...

2don MSN

Advocate: IL must opt in to 'big beautiful bill’s' school choice scholarship tax credit

With the "one big beautiful bill" now law, a national school choice scholarship tax credit program will launch in 2027. A ...

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