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

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 ...

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

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.

Kathy Hochul proposed a expansion of New York’s child tax credit that would give an annual tax credit up to $1,000 per child under age 4 and up to $500 per child from 4 through 16.

President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president's administration might affect their child tax credit.

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.