Democrats won both chambers on November 3 and take over on January 3 — but no tax bill changes until it passes Congress and gets the president's signature. The child credit they want is $3,000 per child; the law today says $2,300 for 2027. Here are the 3 moves to make before January: grab your 2026 deductions before December 31, budget on the $2,300 that is law, and don't wait for Congress to rewrite a tax year that is already locked. Follow US Money Guide for daily money tips!
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Educational content, not financial advice.
