Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might qualify for tax credits.

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

In February, Idaho Governor Brad Little signed a bill establishing the Parental Choice Tax Program, and now the Idaho State ...

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...

A new Senate proposal could increase the Child Tax Credit (CTC) to $2,500, but millions of families might not benefit. The ...

The costs to raise a family, own a home and afford healthcare would be directly impacted by the bill. Its specifics matter to the parents of little kids and to people who are age 65 and older. The ...

Republicans want to change or reduce key social safety net programs that provide health care, food benefits and financial ...

By comparison, the House-approved bill would boost the top child tax credit to $2,500 from 2025 through 2028. After that, the credit's highest value would drop to $2,000 and be indexed for inflation.

Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...