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

The legislation for Trump's agenda on taxes, health care, immigration, energy and more would add $3.3 trillion to the deficit ...

T he Child Tax Credit (CTC) is a vital financial resource for families with dependent children under 17 years old. For the ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

Here are five provisions of the Big Beautiful Bill and how they differ in the House and Senate versions of the legislation ...

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum ...

H.R. 1, the One Big Beautiful Bill, manages to be the worst of both worlds. It spends an eye-watering amount our country can ...

The House of Representatives passed a bill that would boost the child tax credit to as much as $2,500. If it passes the ...

Under President Clinton in the late 1990s, the child tax credit gave middle and upper income families $500 per child in the form of a nonrefundable tax credit. The amount and the rules about which ...

“The child tax credit is appealing to families, and because of that, it’s appealing to politicians,” she said, noting that almost 90% of families with kids got the credit in 2022.

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum of $3,600 per child during the pandemic, but double that of tax year 2016.