House passes child tax credit expansion : NPR
Feb 1, 2024 · The House has overwhelmingly approved a bipartisan tax package that pairs a temporary expansion of the child tax credit with business tax breaks and credits to develop more low-income housing.
House passes bipartisan tax bill that expands child tax credit
Feb 1, 2024 · The House voted on Wednesday evening to pass a $78 billion bipartisan tax package that would temporarily expand the child tax credit and restore a number of business tax benefits.
IRS moves forward with Employee Retention Credit claims: Agency ...
Aug 8, 2024 · As the agency moves forward, it will now start judiciously processing claims filed between Sept. 14, 2023, and Jan. 31, 2024. Like the rest of the ERC inventory, work will focus on the highest and lowest risk claims at the top and bottom end of the spectrum.
Congress nears $70 billion deal on child tax credit and ... - NBC News
WASHINGTON — Congressional leaders are closing in on a $70 billion bipartisan and bicameral deal that would expand the child tax credit and provide tax breaks for business through 2025, three...
Congress announces major tax deal to expand child tax credit ... - NBC News
Jan 16, 2024 · Senior lawmakers in Congress announced a bipartisan deal Tuesday to expand the child tax credit and provide a series of tax breaks for businesses.
Tax updates and news from the IRS | Internal Revenue Service
Families who don't owe taxes can still claim key tax credits – Families and individuals who qualify can still file their 2021 tax return and claim without penalty some or all of the 2021 Recovery Rebate Credit, the Child Tax Credit, the Earned Income Tax Credit and other tax credits.
House passes expanded child tax credit bill, sends it to Senate - NBC News
Jan 31, 2024 · WASHINGTON — The House voted Wednesday night to pass a $78 billion tax package that includes an expansion of the child tax credit, sending it to the Senate, where its path is uncertain.
What Congress’ New Child Tax Credit Deal Could Mean for You
Jan 16, 2024 · The House passed a deal to expand the child tax credit. Here's what to know about how much the credit would increase and who is eligible.
House passes $79 billion bill to enhance child tax credit | AP News
Feb 1, 2024 · The bill keeps a threshold of a household having $2,500 in income to be eligible for refundable child tax credit payments. The bill also would enhance a tax credit for the construction or rehabilitation of rental housing targeted to lower-income households, adding an estimated 200,000 housing units around the country.
Payments From The Expanded Child Tax Credit Are Being Sent Out - NPR
Jul 15, 2021 · The first monthly payments under the expanded child tax credit were disbursed on Thursday. The White House says relief is on the way to the families of nearly 60 million children.