If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...

The child tax credit and an expanded earned income tax credit is expected to put more money back into filers' wallets.

Along with the three rounds of pandemic stimulus payments, the expanded tax credits helped cut child poverty in half in 2021, according to the U.S. Census Bureau. While Congress let the expanded ...

A bipartisan group of lawmakers has introduced a bill that would give parents up to $6,000 per child in expanded tax credits. It's part of a wider piece of legislation called the Affordable ...

The challenge to one of Hochul’s “affordability agenda” items, led by state Sen. Andrew Gounardes, D-Brooklyn, is seeing renewed support while cities like Rochester and Syracuse face some of the ...

Invested By Now The proposal has drawn mixed reactions. Supporters argue that an expanded Child Tax Credit would provide much-needed financial relief to families struggling with rising costs.

Congress is moving forward with plans to enact new tax cuts this year. Their priority seems to be tax cuts for the wealthy. But as grocery prices rise and people fear more economic uncertainty.

The child tax credit is one of the most popular credits to claim in tax season. This is what to know if you want to claim it ...

LANSING — Low- and moderate-wage workers could claim a $5,500 tax credit for each child under age 4 under a plan unveiled ...

the child tax credit was originally a nonrefundable credit worth $500 per child 16 or under. Subsequent legislation increased the amount, added a refundable portion and expanded income ...