Right now, you can claim up to $2,000 per child under 17 on your taxes. Without any action from Congress, that amount drops ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

The Child Tax Credit (CTC) provides crucial financial relief to families with children, but its future is uncertain. With ...

Advocates say new reports will help make their case for a CT child tax credit by emphasizing hefty tax burdens and a high ...

From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

Lawmakers would eliminate a $7,500 tax credit for households that buy or lease new EVs, as well as a $4,000 credit for ...

A Mid-Michigan mother of 10 children explains how the potential child tax credit increase to $2,200 could help families like ...

The budget creates a new, $10 million program in which the state and participating employers and employees will divide child ...

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.

The credit provides eligible families up to $330 annually per child ages 0-16. The credit begins to phase in at $3,000 of income and phases out for filers with adjusted gross incomes of $75,000 ...

Even one of the largest state tax cuts in 2023, which included the first income tax rate reduction since the mid-1990s, only slowed — but didn’t reverse — the ever-widening shift onto ...