This article was originally published in CommonWealth Magazine on May 26, 2022. Access the full article here.
The expiration of last year’s temporary expansion of the federal Child Tax Credit (CTC) has caused millions of children to fall into poverty. Congress’s inability to come to any agreement to revive the CTC has created unnecessary hardship for families struggling with record-high inflation levels. Fortunately, recent changes in the Massachusetts tax code have offered some reprieve to Bay State families.
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