News

Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created ...
The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this ...
Years ago, the Tax Cuts and Jobs Act doubled the child tax credit to $2,000 per child, with a $1,700 refundable portion in 2024 phased in starting at $2,500 in earned income.
When it comes to supporting families through tax policy in America, two tax credits do the heavy lifting: the Earned Income ...
Before 2017, any child living in the United States was eligible for the child tax credit. Then Trump’s tax cuts package in 2017 changed that rule to require that the child have a Social Security ...
Navigating the complexities of tax credits can be daunting, yet the Earned Income Tax Credit (EITC) offers substantial financial relief for low to moderate-income families. With eligibility rules ...
Montgomery among four counties with largest percentages of eligible taxpayers. Nearly 99,000 low-income Marylanders left tax ...
First, the child tax credit has been increased from $2,000 to $3,000 for children over 6, and to $3,600 for children under 6. It also expands the ages of children eligible, raising the age limit ...