Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...

In a recent survey released by Groundwork Ohio, half of Ohio parents said they've had to cut back on work hours to help ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table.

State Rep. Kate Farrar, D-West Hartford, speaks to reporters during a news conference on legislation to establish a child tax ...

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...

The child tax credit is a tax break that applies a credit to your income taxes for a qualifying child or children, potentially earning you a refund on your federal tax return. The value of the ...

The bills would raise the minimum credit for those with low wages and the age for the state's young child tax credit.

In an interview with CBS News, he alluded to there being two to three variations of the child tax credit on the table, but those details have not been released. A campaign official told Semafor in ...

Someone with one qualifying child and a lower income could ... Many who overlook the earned income tax credit end up leaving good money on the table by not filing a tax return to claim the credit.