A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer ...
At this time, the child tax credit hands families a $2,000 discount on their tax bill for every child under the age of 17 ...
Elizabeth Warren's recommendations for Elon Musk's DOGE include cutting Department of Defense spending and cracking down on ...
Donald Trump's signature 2017 tax cuts are set to expire in 2026, alongside the child tax credit benefits that were attached.
Laws are in place preventing anyone claiming a child tax credit from getting their refund before a certain date, so how long ...
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 ...
President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.
During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.
Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are ...
With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under ...
President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the 47th president’s administration might affect their Child Tax ...
Customers in the U.S. looking to purchase an electric vehicle can get $7500 federal EV tax credit for several models ...