By the end of Monday, tens of millions of American families will have claimed their child tax credit on their 2023 tax returns. But for many families, that credit will be hundreds, or even thousands, of dollars smaller than it could have been. And all the blame for those smaller credits belong to Senate Republicans. In 2021, the American Rescue Plan temporarily increased the tax credit from $2,000, where it was set under the 2017 tax cuts, to $3,000 (or $3,600 for children under 6). It also made...
If you're still waiting on your child tax credit refund to arrive, we'll
Tax Day is in two days, which means you're running out of time to claim your child tax credit money. Here's how the credit works this year.
If you're eligible for the child tax credit this year and haven't filed your tax return, you have less than two weeks left. We'll explain how the credit works this year.
The introduction of a carbon credit scheme, enabling companies to invest in the restoration of the UK’s degraded saltmarshes and voluntarily offset their greenhouse gas emissions, would be viable, a study led by the UK Centre for Ecology & Hydrology (UKCEH) has found.
With the tax filing deadline looming, the IRS is reminding taxpayers to pay close attention to credits that could potentially lower tax bills and boost refunds.
With the tax filing deadline looming, the IRS is reminding taxpayers to pay close attention to credits that could potentially lower tax bills and boost refunds.
With the tax filing deadline looming, the IRS is reminding taxpayers to pay close attention to credits that could potentially lower tax bills and boost refunds.
The American Rescue Plan, a landmark legislation, has not only increased the Child Tax Credit but has also broadened its reach, aiming to provide substantial assistance to families caring for children. This expansion, hailed for its potential to significantly alleviate child poverty, has seen several revisions, including increased credit amounts, full refundability, and an expanded scope, particularly catering to families previously excluded from its...
Universal Basic Income programs have roots in the Black radical tradition, both the Black Panther Party and Martin Luther King Jr. called for a guaranteed income in the late 1960s.
An independent commission reviewing abortion law in Germany recommended Monday that the procedure be made legal during the first 12 weeks of pregnancy.
The first-quarter estimated tax deadline for 2024 is April 15, which is also the federal tax due date for most taxpayers. Here's how to avoid penalties.