In a recent survey released by Groundwork Ohio, half of Ohio parents said they've had to cut back on work hours to help ...

The new Georgia bill would create a state income tax credit of up to $250 for every child under age 7 and expand an existing ...

The yawning gap between revenue and spending was largely due to unanticipated costs from entitlement programs such as Medicaid and the state’s child-care tax subsidy, with federal pandemic aid ...

The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But what happens when your child finally reaches the doors of adulthood? As your ...

Here’s what you need to know about tax credit qualifications and how to properly claim them. The Child Tax Credit gives a tax break to families with qualifying children. This credit might be ...

If you’re shopping for or researching an electric vehicle in 2025, you’ve probably heard that significant changes in the federal tax credit of up to $7,500 for EVs and plug-in hybrids took ...

A historic 2025 tax debate formally kicked off this week with the House Ways and Means committee convening for the first time this year to begin what will be a complex, arcane, and wide-ranging ...

To help pay for tax breaks, for example, the congressional Republicans’ “menu” includes deep cuts to Medicaid, Medicare reimbursement policies, the Affordable Care Act, food stamps ...

Rep. Blake Moore (R-UT) is pushing for his plan to more than double the child tax credit to be included in the major fiscal overhaul that Republicans are working on this year. Of note, he filed ...

The Tax Cuts and Jobs Act of 2017, or TCJA, temporarily increased the maximum child tax credit to $2,000 from $1,000. Without action from Congress, the higher benefit could expire after 2025.

Bernie Moreno is investigating nearly $22 billion in tax credits stemming from President ... “Commercial use is a term of art in a car business — that means a lease,” he said, adding that ...