WASHINGTON — The temporary expansions of the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) as part of the American Rescue Plan Act of 2021 reduced child poverty in the United States ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...

HOUSTON, Texas -- No more monthly child tax credit payments are coming, but the IRS is sending more information to parents, which could help them figure out if they owe money on their taxes. LETTERS ...

Melinda Williams, a married mother of five, didn't think her family qualified for the child tax credit since they don't earn enough to file income tax returns. So the New York City resident didn't pay ...

WASHINGTON -- The White House sought Monday to raise awareness of the federal government's new expanded child tax credit, which will start paying out monthly in July to families with children who are ...

WASHINGTON - The Internal Revenue Service is giving families enrolled to receive monthly child tax credit payments the option to opt out if they are earning more in 2021 than they were in 2019 and ...

Parents will start getting monthly payments as soon as July 15. Millions of parents across the country will start receiving money from the federal government as soon as Thursday, July 15. Under the ...

The IRS starts sending out money Thursday. The vast majority of American families with children will automatically receive up to $300 per month, per child, beginning Thursday, the IRS and Treasury ...

(Bloomberg) -- The dozen US states that implemented a refundable child tax credit program in the wake of the pandemic held down child poverty rates relative to states that didn’t act, according to an ...

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