The increased child tax credit could expire after 2025 without action from Congress. Here’s what families need to know.

The Tax Cuts and Jobs Act of 2017, or TCJA, temporarily increased the maximum child tax credit to $2,000 from $1,000. Without action from Congress, the higher benefit could expire after 2025.

With a new child, your taxes will get more complicated. On the flip side, however, you may qualify for several new tax credits and deductions. The first order of business is to make sure your ...

Additionally, Republicans are eyeing an even bigger increase to the original child tax credit from the TCJA while Biden-era tax provisions like the electric-vehicle credit are on the chopping block.

Roadside yard signs appear around this time of year and advertise large child tax refunds and tax credits, so the BBB offers tips to verify tax preparer credentials.

JMU College of Business students and faculty are offering free tax return preparation services to community members with ...

Some lawmakers are proposing the Childcare Tax Credit package for the third time to support businesses that support working ...

The IRS often begins accepting and processing tax returns in late January. The official date is expected to be announced the ...

“Pro business is being pro family.” The three main components of the new law: Employer tax credits – Companies can receive tax credits for offering child care facilities for their employees ...

The 2025 tax season is right around the corner. The Internal Revenue Service (IRS) announced it will begin accepting returns ...