Using Child Tax Credits to Overcome Financial Hurdles

Many families are eagerly awaiting Congress's decision on whether to expand the child tax credit under the Tax Relief for American Families and Workers Act of 2024. Financial experts suggest that this tax credit could result in a substantial tax refund or deduction, potentially amounting to nearly $2,000 per child. Leveraging these funds effectively could help families overcome various financial barriers and progress towards economic stability, noted Joyce James, founder of the Middleburg Institute.

Since October, this nonprofit organization has been hosting child tax credit awareness workshop...