Two House Republicans and two House Democrats are teaming up on a bill that would expand the child tax credit to $6,000.
The EITC helps low-to-moderate income workers and families get a tax break to reduce the taxes they owe or possibly receive a ...
The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But ...
Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...
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As the 2025 tax season kicks off, the IRS may start sending letters to taxpayers eligible for the Child Tax Credit and ignoring these letters could lead to missed opportunities or complications.
If you lived with another person in 2024 If you lived with another person at any time in 2024 and in the first 60 days of 2025, you need to determine who can claim the deduction for child care ...
The earned income tax credit and additional child tax credit are "refundable," meaning filers can claim a refund without tax liability. Here's who qualifies.
Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is expected to extend the 2017 tax law, including its changes to the Child Tax ...
Most people who are eligible for the earned income tax credit and the child tax credit claim those ... Direct File — the IRS’ new online tool for filing tax returns — may be the key to ...
A New York educational organization says it is owed over $757,000 in unpaid employee retention credits from a program that incentivized ... in 2023 and tried without success to hear back from the IRS ...