News

Child tax credit ‘is going to make a difference’: Families plan how they’ll spend extra cash. I'm not here to argue today whether this is a good idea or a bad idea.
And the poverty-reducing effect of the credit, estimated by the Census Bureau as cutting child poverty almost in half, would be much less.
Before Congress let it expire, the expanded Child Tax Credit substantially improved children's health. We need to reinstate it for the sake of millions of children in the United States.
The current Child Tax Credit is good for families of all types. While the CTC can be particularly helpful for homeschool families, it is also good for families in general.
Millions of families are now receiving news about the 2021 child tax credit payments. Check the mail and your bank account on July 15.
One of the key provisions of the bill is the temporary expansion of the child tax credit. Under the proposal, this credit would increase to $2,500 until 2028, after which it would revert to $2,000 ...
Whenever Congress can revise the tax code in ways that spur growth for businesses and provide relief to families, it shouldn’t pass up the opportunity.
Tax season is upon us, and tax credits are a good way to lower your bill. Parents and guardians should take note this year, as Kiplinger reports that " [o]ne of the most significant changes for ...
The child tax credit is always one of the most popular credits claimed during tax season, but there are some things you should know about your eligibility.
As someone who spent almost 20 years managing social-service programs in New York City, I met recently with a Democratic senator on the proposed child tax credit.
Advancing these tax credits makes sense, but it won’t be easy. The IRS (or the Social Security Administration) will need more resources and time to create an efficient system for distributing ...
The existing child tax credit encourages work by growing in size as earnings increase for low-income households; the Democrats propose to remove that incentive.