Recently, President Donald Trump signed a key piece of legislation. The “Trump megabill,” also known as the “One Big Beautiful Bill” (OBBB), is expected to impact millions of taxpayers, like you, across the country.
Among the new law’s many provisions are benefits for parents, like a boosted federal child tax credit and an enhanced adoption tax credit. But what provisions specifically address your child’s finances?
Here are three ways the Trump megabill will impact your child’s finances.
This post originally appeared at Kiplinger.