Families Use of Child Tax Credits to Overcome Barriers

Many families are still waiting on Congress to decide if it will expand the child tax credit as part of the Tax Relief for American Families and Workers Act of 2024.

Financial educators say the tax credit could result in a significant tax refund or tax deduction of nearly $2,000 for each child.

Knowing how to leverage the funds could help families overcome barriers and move toward economic security, said Joyce James, founder of the Middleburg Institute.

Since October, the nonprofit organization has coordinated child tax credit awareness workshops that included training on advocacy, financial l...