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 ...

The IRS began accepting tax returns on Jan. 27, but if you want to claim the child tax credit, you might be waiting awhile ...

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.

She believes a broad expansion of the Child Tax Credit, like in 2021, is unlikely ... larger lump sum payments at birth or increased amounts "to parents who have very low earnings." ...

Both the income thresholds and the tax credit amount remain the same for 2024 taxes as they were in 2023. In 2021, pandemic legislation increased the credit temporarily to $3,000-$3,600 per child ...

The 2025 tax season is officially upon us, and depending on where you live, you might be eligible for an additional, ...

In 2021, a one-time change to the child tax ... Proposals for increasing the dollar amount of the child tax credit may also lead parents to reduce their work hours, Republicans have argued.

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum of $3,600 per child during the pandemic, but double that of tax year 2016.

One of the only things Donald Trump and Kamala Harris agreed on during the presidential campaign was the need to increase the ...

Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...

Colorado families with children under 17 are now eligible for the new family affordability tax credit, which can provide up ...