Great news for New York State families in 2025 where there is going to be some more money in their pockets after a new bill has passed by Governor Hochul.
New York State will be investing over 2 billion dollars for families this year. Here is one of the biggest new advantages that will be happening. The younger that you kid is
Child Tax Credit Increased to Record Levels: Up to $1,000 per Child Under 4
According to the New York State website, here is the new tax rule that will be happening in 2025.
Delivering a sweeping increase to the Child Tax Credit by giving eligible families a $1,000 credit for kids younger than 4 years old and a $500 credit for kids ages 4-16, the highest levels in state history…