New tax law brings bigger refunds for families and homeowners in 2025

LANSING, MI — Taxpayers could see significantly larger refunds this year thanks to changes in the recently enacted tax legislation, commonly known as the Big Beautiful Bill.

I spoke with tax expert Diana Peagler in Lansing to break down the key changes that could put more money back in your pocket when you file your 2025 tax return.

One of the most significant changes affects families with children. The Child Tax Credit is increasing by $200, bringing the total to $2,200 per qualifying child…

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