Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without action from Congress. Both House and Senate proposals would increase the top credit, but phase ...

"The Empire State Child Credit delivers a vital financial boost to New York families," Governor Kathy Hochul said.

Learn what the child tax credit 2025 update means for families, including how much the credit is worth, who qualifies for it and the income limitations.

Washington, D.C., will become the first city with a local child tax credit. The credit is part of a strategy aimed at fighting child poverty, after evidence showed significant impacts from a temporary ...

Forbes contributors publish independent expert analyses and insights. The House bill would increase the maximum per child credit to $2,500 through 2028, at which point it would drop to an estimated $2 ...

The federal child tax credit (CTC) is a key benefit that helps families offset the costs of raising children. For years, data show that the CTC has provided tax relief to millions of households, with ...

Children and teachers from the KU Kids Deanwood Child Care Center complete a mural in celebration of the launch of the child tax credit in 2021 in Washington, D.C. Local child tax credits began ...