The IRS has announced a one-time financial support of $1,700 for eligible families through the Child Tax Credit (CTC). This initiative aims to ease the tax burden for 2024 while promoting child ...

Ohio Gov. Mike DeWine kicked off the state's biennial budget process Monday with a proposed 2026-2027 operating budget package that would cost the state $61 billion, about $25 billion less than the ...

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

The Child Tax Credit (CTC) is a crucial financial tool offered by the IRS, designed to support millions of families across ...

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

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In the days leading up to his inauguration, viral videos circulated online, claiming Trump announced a new law that would change how child support recipients could claim dependents on their taxes.

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.