The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table.

The expanded child tax credit is gone, after expiring at the end of 2021. Now, one senator has introduced a bill that would make changes to that credit. However, it... President Joe Biden and his ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least ...

The expanded child tax credit was initiated in 2021 by the American Rescue Plan Act, and involved giving most American families direct payments, once a month, for the last six ...

One of the only things Donald Trump and Kamala Harris agreed on during the presidential campaign was the need to increase the ...

Almost four years ago, in an effort led by Sen. Sherrod Brown, Congress expanded the Child Tax Credit. For the next year, over 90% of families received a monthly tax cut of $250 or $300 per child.

NEW YORK — Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also ...

As Donald Trump once again takes office for his second and final U.S. presidential term, questions concerning his proposed ...

(NEXSTAR) – President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president’s administration might affect their child tax ...

The 2025 tax season marks the debut of the state's first-ever Child Tax Credit in Illinois, providing up to $300 for eligible ...

The BABY benefit is just one of various proposals in Hochul’s budget designed to aid child-rearing New Yorkers, including an ...

The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table. Thomas Kika Writer Thomas is a native of ...