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The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...
President Donald Trump's "big beautiful" bill could make it harder to claim the earned income tax credit. Here's who could be impacted.
Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating marriage penalties and providing more support to low- and middle-income ...
Will you get any benefit from tax break on OT, tips? What the big beautiful bill means for different income brackets.
The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump.
The GOP tax bill could boost the highest-earning Americans' incomes while hurting low earners, according to findings from nonpartisan research groups.
The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think.
The bipartisan legislation proposes a tax deduction of up to $25,000 on cash tips earned by workers in industries that rely on tipping.
House Republicans also want to change the earned income tax credit, or EITC, which targets low- to middle-income individuals and families, to require precertification to qualify.
The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.
President Donald Trump’s “big beautiful” bill could make it harder to claim the earned income tax credit. Here’s who could be impacted.