Child Tax Credit

The House approved a bipartisan tax package totaling $78 billion, which includes a temporary expansion of the child tax credit and the restoration of various business tax benefits.  This legislation will now proceed to the Senate, where…

For new parents, the joys of welcoming a child into the world often come hand-in-hand with the daunting task of navigating the intricacies of the tax season.  While sleep-deprivation and the challenges of parenthood may be at the…

In the face of rising prices for essentials like food and rent, coupled with the gradual phasing out of federal pandemic aid, many Americans found their pocketbooks taking a hit this year.  However, a glimmer of relief emerged from the…

Over the past few years, Child Tax Credits and Stimulus checks have emerged as powerful tools in reshaping economic fairness and helping families weather financial challenges.  These government initiatives have provided crucial support,…

New York will see an increase in the Child Tax Credit in 2024, bringing financial relief to parents and guardians, in a positive development for families across the state. The Child Tax Credit, a federal program designed to assist…

As 2024 nears, American families are keen to know how the Child Tax Credit (CTC) will affect their finances next year. The Child Tax Credit has undergone significant changes in recent years, particularly in 2021, with the American Rescue…

Massachusetts has enacted an improved Child and Dependent Tax Credit in an effort to provide tax assistance to families and lessen the financial constraints on parents and caregivers.  The move is a response to the economic challenges…

Senator Michael Bennet and fellow Democrats are advocating to expand the Child Tax Credit (CTC) program to address rising child poverty rates in the United States. The move comes as millions of American families continue to grapple with…