The earned income tax credit has been around for nearly 50 years, and like the child tax credit, it's known as one of the nation’s best poverty-fighting programs for low- and moderate-income ...

Generally, if you are required to make child support payments to a current or former spouse or common-law partner for a child, you cannot claim an amount for an eligible dependant on line 30400 for ...

Canadian parents eligible for child tax payments will get their first payment of the year on Monday. The new benefit year began in July 2024, and the Canada Child Benefit (CCB) increased. This gave ...

Just because you say you don’t have a favorite child, doesn’t mean everyone around you can’t tell whom you like best. Take the episode of “The Crown” in which Prince Philip, Duke of ...

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 is a native of upstate New York ...

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 ...

The Tax Cuts and Jobs Act of 2017, or TCJA, temporarily increased the maximum child tax credit to $2,000 from $1,000. Without action from Congress, the higher benefit could expire after 2025.

Trump takes office. By Neal E. Boudette Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that makes buying such ...

Under the bill, all restrictions on the times of day and the number of hours 16 and 17-year-olds can work are repealed. Previously, 16 and 17-year-olds were only allowed to work up to 8 hours a day ...