With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act of 2017 (TCJA) may have gotten a reprieve. The sweeping tax legislation is ...

The White House has released a list of its priorities, but increasing the child tax credit, something JD Vance has pushed for ...

After more than two hours of debate, the Idaho House on Friday voted to send a $50 million "parental choice tax credit" bill to the Senate.

Treasury Secretary Scott Bessent appeared on FOX Business Network's "Kudlow" and urged Republicans to make President Donald ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

Donald Trump's signature 2017 tax cuts are set to expire in 2026, alongside the child tax credit benefits that were attached.

For tax year 2024, the EITC ranged in value from $632 to $7,380. For 2025, you can earn between $649 and $8,046. The Child and Dependent Care Credit helps to relieve the burden on taxpayers who ...

As Donald Trump once again takes office for his second and final U.S. presidential term, questions concerning his proposed economic policy measures continue to loom. Try It: The Trump Economy ...

After four years of the Biden administration aggressively pushing abortion on demand, the new Trump administration and Republican-controlled Congress ... expanding the child tax credit to help ...

Congress already has a wealth of examples of tax credits that are phased out as income rises. For example, the Child Tax Credit decreases for married couples as income increases over $400,000.

New Jerseyans would get across-the-board property tax cuts (and tax credits for renters), family and senior tax credits, and more; government bureaucracy, meanwhile, would be tightened to an extent ...