Poverty-fighting groups in Minnesota are joining the wave of officials reminding low-income households to take advantage of ...

The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But ...

Workforce and economic development are front of mind for the Shapiro Administration as well as members elected to ...

The federal government already offers parents a child tax credit of up to $2,000 per child when they file federal tax returns ...

NEW YORK — Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also ...

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

Gov. Kay Ivey signed the “Working for Alabama” legislative package, which included the child care tax credit bill.

A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.

Here’s what you need to know about tax credit qualifications and how to properly claim them. The Child Tax Credit gives a tax break to families with qualifying children. This credit might be ...

Under the 2017 Tax Cuts and Jobs Act, the child tax credit has been capped at $2,000 per eligible child, double that of the 2016 tax year. During the pandemic, that figure was up to $3,600.

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.