Notable win

Real help with child-care bills

Dependent-care FSAs rose from $5,000 to $7,500, the first increase in nearly 40 years, and the child-care credit now covers up to 50% of costs for lower-income working parents.

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Why you should care

Day care is one of the biggest bills a young family pays, and this lets parents keep more of their own money to cover it.

The long version of this story is still being written. Everything on this page is backed by the sources below.

Sources and footnotes

  1. Quad Cities Business – Family Tax Relief Under OBBB
  2. HBK CPAs – OBBBA Tax Analysis