News

A new child tax credit is coming, bringing changes that will alter how much assistance families receive and which families ...
Almost one in three children could be left out of the boosted Child Tax Credit (CTC) approved by Congress this week, ...
Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...
A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...
This credit reduces a family’s tax bill by up to $2,000 per child, but its current structure leaves out millions of our poorest children while providing full benefits to families earning six ...
What is this new credit? The child tax credit for 2021 will give families $3,000 per qualifying child who is 6 to 17 years old. It will provide $3,600 for every qualifying child younger than age 6.
Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...
In 2021, Congress briefly increased and expanded the child tax credit to include the nation's lowest-income families. The expansion was short-lived – just six months – but research shows it helped cut ...
Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...
The GOP tax and spending bill raises the child tax credit from $2,000 to $2,200, adjusts it annually for inflation, and ...
“We are absolutely committed to continuing to make the case for a child tax credit,” said Lisa Tepper Bates, president and CEO of the United Way of Connecticut, which collected nearly 1,300 supporting ...
Education Secretary Bridget Phillipson insisted the Government will 'continue to look at every lever to lift children out of ...