Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

As tax season kicks off, understanding the nuances of the child tax credit can help you better manage your expectations for your refund.

Donald Trump's signature 2017 tax cuts are set to expire in 2026, alongside the child tax credit benefits that were attached.

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

President Donald Trump and Republicans in Congress should take several steps to further restrict abortion and protect human ...

A coalition of 17 US state attorneys general has sent a letter urging Congress to retain investments ... or sunsetting tax credits as early as 2027, rather than in the mid-2030s.

Another bill would require proof of citizenship to register to vote in federal elections ... which is also from the previous Congress would make the enhanced child tax credit permanent in the ...

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.

WASHINGTON (Reuters) - Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect's aggressive tax-cut agenda could ...

Rep. Blake Moore (R-UT) is pushing for his plan to more than double the child tax credit to be included in the major fiscal overhaul that Republicans are working on this year. Of note, he filed ...

temporarily increased the maximum child tax credit to $2,000 from $1,000. Without action from Congress, the higher benefit could expire after 2025. There's bipartisan support for the tax break ...