Almost one in three children could be left out of the boosted Child Tax Credit (CTC) approved by Congress this week, ...

The recent passage of the 'One Big Beautiful Bill Act' marks a significant shift in tax policy, with notable changes to the ...

The US Congress has recently passed the ambitious tax package known as "The One, Big, Beautiful Bill", a proposal pushed by ...

Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Donald Trump has succeeded in pushing through his Big Beautiful Bill: here’s how it will affect your children.

From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...

“We are absolutely committed to continuing to make the case for a child tax credit,” said Lisa Tepper Bates, president and CEO of the United Way of Connecticut, which collected nearly 1,300 supporting ...

Under current law, a two-adult, two-child family needs a household income of at least $36,000 to receive the full $4,000 child tax credit for their children ($2,000 each).