The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new expansion proposal is on the table.

The increased child tax credit could expire after 2025 without action from Congress. Here’s what families need to know.

Enrollment in the Affordable Care Act (ACA) marketplace has surged to a record high, but AM Best has reported that the White ...

The premium tax credit is a refundable tax break that helps ... fully respond to the expiration of the credit due to automatic renewal policies. In other words, some people may be stuck paying ...

After 2021, Congress didn't renew the temporary tax break and the child tax credit reverted back to its prior levels, and it is scheduled to drop again after 2025 to $1,000 per child. Efforts to ...

A lot of the blame or credit goes to verbiage,” he said ... While everything has gone up, he said the 1% sales tax has stayed the same. The 1% sales tax is a renewal to stay at the same level. Besides ...

The budget would normally come down in April, but the proroguing of Parliament puts all parliamentary business on hold, which ...

One of the many tax terms that may be hard to understand is a "federal tax credit." In simple terms, this type of credit is a benefit offered by the government to help reduce your tax liability.

Tax credits and deductions can help you owe less money in taxes, but they’re calculated in different ways. Tax credits reduce your tax liability dollar for dollar, while tax deductions reduce ...