Credit is an essential pillar of the Canadian federal benefit system, providing quarterly, tax-free financial relief to ...

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 ...

Parents could see a bigger refund next year thanks to updates to the Child Tax Credit and other family-friendly IRS changes taking effect in 2026. The Child Tax Credit rises to a maximum of $2,200 per ...

Nearly 24,000 New Mexico families could be missing out on more than $10 million in child tax credits they didn’t claim on their 2023 or 2024 returns.According to the New Mexico Taxation and Revenue ...

NEW MEXICO (KRQE) – The New Mexico Taxation and Revenue Department says almost 24,000 families are still eligible for $10.7 million in child tax credits they didn’t claim in 2023 and 2024. The ...

Claiming family tax credits is a must if you're eligible. Not only can family tax breaks lower your tax liability, but they may even increase your refund. However, which credits you qualify for can ...

Ohio offers big companies plenty of tax credits to launch new work sites and create jobs. But any return on that investment is often realized only slowly, if at all, a new report argues. Examples of ...

Child Tax Credits have been the focus of increased lawmaker attention over the past few years, especially following the dramatic success of the 2021 federal CTC expansion in reducing child poverty and ...

WE ARE STILL MONTHS AWAY FROM TAX SEASON, BUT IT’S NEVER TOO EARLY TO BE PREPARED FOR THE CHANGES THAT ARE ON THE WAY. AND THAT INCLUDES CHANGES TO CHILD TAX CREDITS AND SOME UPDATES FOR SENIORS. SO ...

The 2021 expanded Child Tax Credit (ECTC) provided families with six monthly cash transfer payments disbursed between July and December 2021, with the goal of alleviating financial strain during the ...

Time is not on the side of anyone seeking help from Uncle Sam with their electric-vehicle purchase or their home’s clean-energy upgrades. Tax breaks subsidizing these purchases are going away, after ...

Children and teachers from the KU Kids Deanwood Child Care Center complete a mural in celebration of the launch of the child tax credit in 2021 in Washington, D.C. Local child tax credits began ...