A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...

As Donald Trump once again takes office for his second and final U.S. presidential term, questions concerning his proposed ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But ...

Indiana lawmakers are considering a proposal to provide targeted tax relief to parents welcoming a new child. With the high cost of diapers, formula, blankies and binkies, a $500 refundable ...

Roadside yard signs appear around this time of year and advertise large child tax refunds and tax credits, so the BBB offers tips to verify tax preparer credentials.

A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer ...

With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under ...

I recently received an email from Gov. Kathy Hochul in which she told me and several million others about her Affordability Agenda that she unveiled in her recent State of the State address. In the ...

Both bills would offer private schoolers and home-schoolers up to $5,000 — one through a tax credit and the other through ...