A new survey by Ramsey Solutions found that millennials and Gen Zers want the child tax credit (CTC) to be increased to ...

IRS child tax credit prepares to roll out to Central Florida families BY Julie Gargotta Orange County UPDATED 6:00 PM ET Jul. 14, 2021 PUBLISHED 5:45 PM ET Jul. 14, 2021 PUBLISHED 5:45 PM EDT Jul ...

To qualify, employers must submit IRS Form 8850 and Department of Labor Form 9061 or 9062 to their state within 28 days of ...

The way to achieve a decreased tax burden is by reducing your taxable income. The IRS offers various tax credits and ...

There are many tax breaks that may apply for fathers, from claiming dependents, saving for your child’s education or looking to lower your taxable income.

Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...

How the credit is phased out. The more money you make, the smaller the tax credit you’ll receive. The 35 percent maximum rate phases out once a taxpayer earns more than $15,000 a year, until it ...

But a larger, child tax credit for middle-class families will have to wait at least another year, according to the compromise reached Saturday between Gov. Ned Lamont and leaders of the ...

The next state budget will include a new, $200 state income tax break for Connecticut’s working poor with children or other dependents. But a larger, child tax credit for middle-class families ...

Senate Parliamentarian Elizabeth MacDonough responded to several challenges Senate Democrats made to provisions in the bill.

President Donald Trump’s “big beautiful” bill could make it harder to claim the earned income tax credit. Here’s who could be impacted.