News & Events

At Christianson, we often get similar questions from our clients that we feel should be addressed on a larger scale. We believe that the question may be something that is asked universally, and not just in our office. The Child Tax Credit is a topic of discussion, especially now that the recent Tax Reform Bill has made a modification to the credit amount. Changes Taking Place in 2018 Under the Tax Cuts and Jobs Act, the Child Tax Credit will change as outlined below per the IRS. Please note that the qualifiers are listed below the changes so you know who may be eligible for this credit. The CTC has gone up to $2,000 per qualifying child as opposed to the previous credit of $1,000. The refundable portion is limited to $1,400. This Read More...