A new bill signed into law in Alabama would provide further financial relief to families who claim child tax credits. Governor Kay Ivey signed a child tax credit measure Monday, February 23, delivering assistance to families across the state. The ...

It just took one month without the increased child tax credit payments for the number of American children living in poverty to increase drastically. Columbia University’s Center on Poverty and Social Policy estimates that 3.7 million additional children were living ...

In spite of the expiration of the federal government’s increased child tax credit in 2019, one state is working on its own credit. Child tax credit legislation has cleared the state House of Representatives in Vermont and is now in ...

This year’s Senate primary candidate John Fetterman, the current lieutenant governor of Pennsylvania, has stated that he supports making the credit permanent. An increased child tax credit was implemented as part of the American Rescue Plan Act, which included direct ...

Never miss a story again: Follow your favorite subjects and writers to receive a tailored email with the content you care about. President Joe Biden signed the $1.9 trillion American Rescue Plan Act into law shortly after taking office in ...

A current copy of your tax return is required before you begin. To estimate your total income for 2021, you can use your filing status and the number of children you claimed if you don’t have a tax return handy. ...

Despite the tax credits’ goal of supporting children in need, two tax credits accessible to most families with children are at risk of being “clawed back” from parents who owe money to the government. Child advocates are now urging legislators ...

The six-monthly advance payments made during the second half of the year under the 2021 increased child tax credit will have a significant impact on the financial situation of many families. Parents can claim the remainder of their child tax ...

North Carolina taxpayers will have to wait a little longer to file their returns. After the state pushed back the date it could process tax returns to mid-February, it has now been further delayed until the end of the month, ...

Nebraska lawmakers clashed on Wednesday over a bill That would cut the state’s highest tax rate, an idea supported by conservatives and business groups but fiercely opposed by one Some progressive legislators who opposed it presented it as a gift ...