Contact Congress about H.R. 7024: Tax Relief for American Families and Workers Act of 2024

Some families could get larger child tax refunds through 2025. Businesses could write off more costs sooner, while disaster victims, affordable housing projects, and some U.S.–Taiwan taxpayers would get targeted tax relief.

Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Tax Relief for American Families and Workers Act of 2024 is a House bill in Congress.

Who this affects: This bill mainly affects families with children, businesses that invest in research or equipment, disaster victims, affordable housing developers, and people or companies with U.S.–Taiwan income. It also affects small businesses and others who issue Form 1099 tax forms. Tax professionals and firms involved with COVID employee retention credit claims would face stricter rules and higher penalties.

Why this matters: This bill matters because it could change tax refunds, business costs, disaster recovery payments, and housing project financing in the next few years. Families may see more money from the child tax credit, but the bigger benefits are temporary. Businesses may get faster tax savings for research and equipment, but those rules also change again later unless Congress extends them. Disaster victims could keep more relief money, while the IRS would get more time and stronger penalties to review COVID employee retention credit claims.

Key provisions in H.R. 7024

• The refundable child tax credit would be figured for each child. The refundable cap would rise to $1,800 for 2023, $1,900 for 2024, and $2,000 for 2025, and the $2,000 credit amount would rise with inflation starting in 2024.
• Families with lower earned income in the current year could use last year’s earned income to figure the refundable child tax credit. This option would start with 2024 tax years.
• The IRS would recalculate 2023 child tax credits for early filers under the new rules. It would use information already on the tax return and send any extra refund owed.
• Businesses could immediately deduct domestic research and experimental costs for tax years after 2021 and before 2026. After 2025, current law would again make businesses spread those costs over several years unless Congress changes it.
• Businesses could keep 100 percent bonus depreciation for most qualifying property placed in service through 2026. The bill also raises Section 179 small-business expensing to $1.29 million, with a $3.22 million phase-out starting in 2024, and adjusts those amounts for inflation.

How Modern Action helps you take action on H.R. 7024

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about H.R. 7024

What is H.R. 7024?

Some families could get larger child tax refunds through 2025. Businesses could write off more costs sooner, while disaster victims, affordable housing projects, and some U.S.–Taiwan taxpayers would get targeted tax relief.

How do I support or oppose H.R. 7024?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about H.R. 7024?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

How does Modern Action help me act on H.R. 7024?

Modern Action gives you bill-specific context, lets you choose support, opposition, or changes, and drafts a message from your position and reasons.