Workers on minimum wage and child benefits claimants will see an increase in income, while middle-earners and savers will ...
The Child Tax Credit (CTC) is set to increase to $2,200 per qualifying child in 2026, up from the previous $2,000. This adjustment is part of a broader legislative effort to provide more substantial ...
President Donald Trump's proposal to send households up to $2,000 a year from tariff revenue is being sold as a simple way to ...
When Rachel Reeves delivered her spring financial statement in March 2025, the Office for Budget Responsibility forecast the ...
Pro-life group Right To Life UK has welcomed the government’s decision to end the two-child cap on benefits, arguing that the move should lead to a reduction in the number of abortions being carried ...
The Advocate highlights social inequality through original stories and opinions, and content generated by fellow NNPA and other publications ...
Chancellor Rachel Reeves confirmed plans to abolish the two-child benefit cap – and lift around half a million children from ...
The Council of the District of Columbia voted to become the first city in the United States to implement a local child tax credit this week. The Council passed a resolution on Tuesday that separated ...
The Treasury plans to classify refundable tax credits as federal benefits, a shift that could bar DACA recipients and other ...
The Internal Revenue Service has announced higher contribution limits for 401(k) and individual retirement accounts for 2026, giving savers and their advisors new benchmarks as they plan for the ...
WASHINGTON — Treasury Secretary Scott Bessent revealed that the Trump administration has discussed restricting the president’s proposed $2,000 tariff dividend to families making less than six figures.
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at five questions on the 20% tax ...