News

Study shows expanded child tax credit helped middle-class families pay energy bills, but not the poorest
A new study from UCLA Health shows that the 2021 expanded Child Tax Credit helped prevent energy insecurity among ...
Tax Credit Increase Would Exclude Millions of Low-Income Children, Study Finds
The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children ...
Axios on MSN2d
Tax bill would make key credit harder to get for millions of low-income families, senators warn
Buried in the "big, beautiful bill" is a provision that would require low-income Americans to pre-certify to get the Earned ...
An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips’
Everyone can take the standard deduction, which would be worth $16,000 for individuals and $32,000 for married couples this ...
USA Today5d
Obama budget urges expanding earned income tax credit
WASHINGTON — President Obama's 2015 budget to be unveiled on Tuesday will include a proposal to expand the earned-income tax credit for 13.5 million low-income Americans by closing tax loopholes ...