Some parents now have an April 15 deadline to score the money before it is sent back to the Treasury for good.
A bipartisan group of lawmakers has introduced a bill that would give parents up to $6,000 per child in expanded tax credits. It's part of a wider piece of legislation called the Affordable ...
At the end of January, the House of Representatives passed a bill that would expand the federal Child Tax Credit. To get enacted, the bill still needs to pass the Senate, where it is "not ...
The Rockefeller Institute of Government and the Citizens’ Committee for Children of New York want the state to boost the ...
This expanded child tax credit, which would apply to 2023 taxes being filed this spring, is not as generous as one Congress passed in 2021, which expired. Still, experts say it would help fight child ...
If an Indiana or Ohio bill passes, it would mark the first time a GOP-led state implemented a refundable child tax credit.
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 happen.
Providing parents with tax credits has mostly been a Democratic priority but the idea has gained traction in Ohio, Indiana and other Republican-led states.
If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...
If the proposal is approved, jointly filing households earning up to $110,000 can claim the full expanded tax credit, which is worth up to $1,000 per child. The extra cash may help families ...
Along with the three rounds of pandemic stimulus payments, the expanded tax credits helped cut child poverty in half in 2021, according to the U.S. Census Bureau. While Congress let the expanded ...
Along with the three rounds of pandemic stimulus payments, the expanded tax credits helped cut child poverty in half in 2021, according to the U.S. Census Bureau. While Congress let the expanded ...