The U.S. House of Representatives passed President Donald Trump's tax-cut and spending bill on Thursday, which contains ...

Tata Steel has received a show cause notice from tax authorities regarding an alleged irregular availment of input tax credit amounting to Rs 1,000 crore between FY19 and FY23. The notice, issued by ...

This year would be the last for a 30% tax credit for home solar panels and a $7,500 credit for electric vehicles under a budget proposal introduced this week in the US House of Representatives. It ...

Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without action from Congress. Both House and Senate proposals would increase the top credit, but ...

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...

Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...

As Senate Republicans race to pass President Donald Trump 's "big beautiful" spending bill, key provisions, including the child tax credit, could change amid Senate-House negotiations.