Georgia’s Senate unanimously passed Senate Bill 89, creating a new child tax credit of up to $250 per child under 7 and ...
IRS layoffs are expected to bring disruptions to a busy tax season; experts and politicians say it is even more important to ...
By ensuring you claim any tax credits and deductions you qualify for, you can lower your tax liability and save some money.
A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.
President Donald J. Trump’s proposal for a $5,000 Child Tax Credit (CTC) has sparked interest, though details remain scarce ...
Two House Republicans and two House Democrats are teaming up on a bill that would expand the child tax credit to $6,000.
Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.
For families feeling tighter budgets, lawmakers could make an amendment to expand access in the next few months.
As the 2025 tax filing season continues, the Internal Revenue Service encourages taxpayers to make essential preparations and ...
Through Feb. 7, the latest date currently available on the IRS website, the agency has issued 8,052,000 refunds, which is ...
Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...