The Internal Revenue Service released Revenue Procedure 2025-32, detailing the inflation-adjusted tax brackets, standard deductions, and key credits for the 2026 tax year. The updates – shaped by the ...

Thank you to our U.S. Senators Marsha Blackburn and Bill Hagerty, as well as Rep. Chuck Fleischmann, for supporting the Child Tax Credit (CTC) when passing the “One Big, Beautiful Bill Act” earlier ...

The child tax credit has been offered to U.S. taxpayers for nearly 30 years, but its value has varied across presidential administrations. With the passage of the One Big Beautiful Bill Act, it is ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...

But it’s not the only tax break with thresholds that tend to increase annually. Limits on certain federal income tax credits ...

If you welcomed a new baby, adopted a child, or became a stepparent in 2024, your tax return should look different this year. While you may be busy adjusting to life with your new family member, don’t ...

For many single parents, applying for available federal tax credits and deductions can be a lifeline to support their families each year. The first step begins by selecting the appropriate filing ...

BERLIN, GERMANY - SEPTEMBER 14: Children play outside in the playground at the Kleiner Fratz child daycare center in Neukoelln on September 14, 2022 in Berlin, Germany. Child daycare centers across ...

Mark Steber from Jackson Hewitt Tax Services joined KCRA 3 on Tuesday to talk about changes affecting child tax credits and ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...