Learn the difference between tax credits and tax relief, how credits reduce taxes owed and how IRS programs help manage tax debt.

New York has significantly expanded its child tax credit, making more families eligible for cash refunds this tax season.

Surprising Facts about American Taxes & Taxpayers Knowing a few facts and trivia about American taxes can help take the edge ...

Tax season 2026 opens on Monday, Jan. 26, and if you're a parent, you will see a bump in the Child Tax Credit. Here's how much the Child Tax Credit is expected to increase this year, and the ...

The Empire State Child Credit (ESCC) has been expanded for families in New York, Governor Kathy Hochul has announced. The changes, approved by the state legislature, target families with young ...

The IRS expects most refunds for the Earned Income Tax Credit, the Child Tax Credit and the Additional Child Tax Credit to be available in bank accounts or on debit cards by March 2 for taxpayers who ...

Tax filing season is underway, and the IRS expects 164 million people will file returns by April 15. The average ...

Families who struggle to stretch small paychecks far enough to cover a few children may be able to qualify for an extra-large income tax refund. And many could be shocked at how much extra cash we're ...

Advocates for a new state tax cut for low- and middle-income households with children are intensifying their push in this spring’s General Assembly session, insisting federal cuts to human service ...

The value of the child tax credit in 2025 (for tax returns filed in 2026) is $2,200, up from $2,000 in 2024. Going forward, the value of the child tax credit will be adjusted for inflation each year.

New York has significantly expanded its child tax credit, putting more money directly into the pockets of families — especially those with young children. The expanded benefit is available during the ...