A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer ...
The Child Tax Credit (CTC) has been a staple in American families, helping them finance the expenses of having a child. But ...
As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...
Joint filing is a popular choice among married couples during tax season, but what will it actually do for you?
February 2025 will see a number of changes including benefit payments, tax, and support for the cost of living and energy ...
Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.
If you missed the stimulus checks in 2021, you might be getting one this year. The IRS is sending them to 1 million people.
The new payments, known as Recovery Rebate Credit (RRC), are being sent to eligible taxpayers who did not claim federal ...
South Carolina has committed more than $1 billion to help build up the electric vehicle industry, but people have to buy the ...
The IRS is distributing $2.4 billion worth of stimulus checks to taxpayers who didn't claim the Recovery Rebate Credit on their 2021 tax returns.