If lawmakers don't pass an extension to the Tax Cuts and Jobs Act—or pass alternative legislation—the CTC will be halved.

The annual federal child tax credit will shrink in half at the end of the year, falling to $1,000 if Congress does not intervene.

A group of Democrats on Capitol Hill is calling for Congress to pass an expanded child tax credit, after the payments to ...

Over 20 years since they were introduced, tax credits have now been replaced by universal credit. How did they change the UK ...