The final version of the Tax Cuts and Jobs Act (TCJA) generally adopted the Senate provisions that directly affect families with children. As a result,...
President Trump and House Republicans promised families a significant increase in the Child Tax Credit (CTC) . The House Ways & Means Committee’s Tax Cuts...
The Big Six Unified Framework promises a tax plan that “significantly increases the Child Tax Credit (CTC)”, but provides few details. If the child tax...
President Trump and lawmakers such as Sen. Marco Rubio (R-FL) agree that the child tax credit should be improved. They might consider increasing the credit...
President Trump, perhaps spurred on by his daughter Ivanka, wants to use the tax code to provide new government assistance to families with children. During...
Last week, The Washington Post reported that the Trump Administration was considering making the child and dependent care tax credit (CDCTC) refundable . Earlier estimates...
Two tax benefits—the child and dependent care tax credit (CDCTC) and the employer-provided child care exclusion—help families pay for work-related child care, but neither does...
The federal income tax is packed with provisions aimed at subsidizing and encouraging work and helping families with children. While well intentioned, they complicate the...
In this year’s presidential campaign, Hillary Clinton’s proposal to double the child tax credit and Donald Trump’s plan replace the dependent exemption with a higher...
Hillary Clinton has proposed two important changes to the child tax credit (CTC). The first would phase in the credit starting with the first dollar...