A new budget proposal that would impose new restrictions on the federal Child Tax Credit could eliminate the benefit for millions of U.S. citizens or legally resident children, policy experts have ...

The federal child tax credit (CTC) is a key benefit that helps families offset the costs of raising children. For years, data show that the CTC has provided tax relief to millions of households, with ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...

Raising kids is one of life’s greatest rewards but yes, let’s be realistic, it’s expensive. For Americans abroad, parenting can even seem more pricey, with two-country concerns such as education, ...

Republicans would raise the child tax credit to $2,500 per eligible child in the tax-writing committee’s latest proposal. But the bill would also exclude millions of families from accessing the credit ...

For many single parents, applying for available federal tax credits and deductions can be a lifeline to support their families each year. The first step begins by selecting the appropriate filing ...

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 ...

If you welcomed a new baby, adopted a child, or became a stepparent in 2024, your tax return should look different this year. While you may be busy adjusting to life with your new family member, don’t ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

A new child tax credit that takes effect with 2026 tax returns increases to $2,200 but with new parameters on who qualifies. (File photo by Rebecca Rivas/Missouri Independent) A new child tax credit ...