Child Tax Credit: Changes Trump Could Make to US Laws
Donald Trump's signature 2017 tax cuts are set to expire in 2026, alongside the child tax credit benefits that were attached.
What is the child tax credit? Find out if you qualify, how much you may receive.
The median annual cost, according to the study, is $22,850. Which is why, politicians have been talking about the Child Tax Credit in recent years, which could save families thousands of dollars. As ...
JD Supra4h
Treasury and IRS Release Final Hydrogen Production Tax Credit Regulations
On January 3, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations (Regulations) ...
Here's how the child tax credit could change in 2025
The increased child tax credit could expire after 2025 without action from Congress. Here’s what families need to know.
JD Supra5d
US Treasury and IRS Unveil Proposed Regulations for Commercial EV Tax Credit, Sparking Questions on Recapture Provisions
On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...
Opinion
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...