Tax Credits

Republicans are ready to bring back the child tax credit, as long as it includes extending the benefit to unborn fetuses.

As Congress begins its work, our representatives in Washington should bring accountability to the public education system.

One thing the president highlighted was that a monthly cap on the cost of insulin for diabetic patients on Medicare takes effect on January 1.

The Child Tax Credit carves a pathway of possibility for all communities to grow and build their families.

The Republican senator proposed using the tax credit to help save money to send to Ukraine for defense measures.

"Transferability allows these guys [developers] to go do smaller deals with individual corporations," attorney Jorge Medina told Newsweek.

A proposal to expand the existing child tax credit was ultimately excluded from the Inflation Reduction Act that President Joe Biden signed into law this week.

Record‐low birth rates, increasingly delayed or deferred weddings, and the rising cost of raising a child are leading policymakers and pundits to suggest new approaches to supporting family life in law.

Last year's pandemic relief package, the American Rescue Plan, may have held the key to a long-term strategy for ending child poverty in America.

Tax Day is coming soon. If you haven't sent your return to the IRS yet, read our taxation specialists' advice on deadlines, deductibles and more.

Lawmakers are set to consider HB 784, which would provide a "nonrefundable income tax credit" to those who homeschool or send their children to private schools.

The governor's office said in an announcement that the extra tax refunds will give economic support to those "disproportionately burdened by COVID-19."

Low-income families who signed up for the credits before the deadline will get six months of the payments on December 15, the Internal Revenue Service said.

"Ah yes, the Conservative Dem position," Representative Alexandria Ocasio-Cortez tweeted, referring to the West Virginia senator.

Cash refunds—arriving from the IRS—appeared in Luz Garcia's dwindling checking account this past summer.

Next week, 36 million American households will receive their third monthly payment of the recently expanded Child Tax Credit.

The reconciliation package should prioritize investments in kids, because doing so has huge shared benefits and among the highest rates of return for any social investment.

Advance Child Tax Credit payments issued by the IRS reached around 35 million families in the U.S. on Thursday.

The other 3% of people receiving the tax credit are grandparents or have health issues, disputing claims the credit will become an "anti-work welfare check".

During his presidential campaign, Biden proposed a tax credit of up to $15,000 to help American families buy their first homes.

The IRS advises those who expect their total tax owed will be higher than their tax refund next year may want to opt out of advance Child Tax Credit payments.

Eligible employers can claim up to $17,110 for 14 weeks of paid leave "for each impacted employee" who takes time off to get vaccinated or for other COVID-19-related reasons.

Under President Biden's proposal, families with youngsters under 6 years of age will enjoy up to $3,600 in child tax credit, raised from $2,000 yearly.

Five GOP senators have already expressed profound reservations about Obamacare's replacement.

Trump wants to cut the corporate tax rate from 35 to 15 percent. This is truly dumb.

Speaker Paul Ryan tries to address the membership's concerns with vows to provide more tax credits for the elderly and add a work requirement for Medicaid recipients.

Taxpayers will pay twice, with subsidies for developers, then tolls.

A $6,000 tax credit would cover expenses for those who leave careers to care for elderly or sick relatives.

The Wisconsin governor and Republican presidential hopeful is advocating age-based tax credits.