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Donald Trump's new tax bill includes a small increase to the child tax credit. However, many low-income families may not ...
Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...
Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for ...
The "Big Beautiful Bill" is set to become law. Here's what it means for taxes, Medicaid, student loan forgiveness, and more.
A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...
Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...
A s a mother, I know firsthand that the Child Tax Credit (CTC) is a crucial support for working families of all kinds. The CTC helped me and my boys work our way to stability throughout many years ...
Although the Child Tax Credit was first proposed by congressional Republicans as part of their Contract With America in 1994, it quickly earned the support of then-President Bill Clinton and his ...
Megan Curran, Sophie Collyer and Jane Waldfogel research child poverty at Columbia University’s School of Social Work. H.R. 1, the One Big Beautiful Bill, manages to be the worst of both worlds.
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 ...
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 ...