The Rockefeller Institute of Government and the Citizens’ Committee for Children of New York want the state to boost the ...

Low-income families often struggle to meet their financial obligations, especially when it comes to essential expenses like ...

The child tax credit (CTC) is a partially refundable tax break claimed by millions of Americans each year to help offset the ...

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could ...

If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...

A tax credit provides a dollar-for-dollar reduction off your total tax bill. Let’s say you are a parent who qualifies for the Child Tax Credit, which is worth $2,000 per qualifying child.

Advocates say tax relief such as a child tax credit is needed now as support programs shrink, but federal cuts could ...

Expanding the state's child tax credit would give low and moderate income families more disposable income and reduce poverty rates.

Here's a quick explainer on how tax breaks work, five different deductions the IRS offers for parents and what to know about ...

or senior that lives with you under the Child and Family Tax Credit. The law also eliminated the two-dependent cap, meaning there’s now no limit to the number of dependents for which a taxpayer ...