As tax season approaches, families across the United States eagerly anticipate their Child Tax Credit refunds. This government financial benefit plays a crucial role in reducing child-rearing costs ...
A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer be eligible. HR 547 would amend the Internal Revenue Code of 1986 to ...
In a recent survey released by Groundwork Ohio, half of Ohio parents said they've had to cut back on work hours to help ...
Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
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.
The official start of tax season is here. According to the IRS, taxpayers in 25 states were able to start filing on Jan. 27 ...