Welcome back to the Money blog. We've kicked off the week by exploring what it's like to be a teacher - and it's not all lovely long holidays. Elsewhere, a quarter of employers say they're planning to ...

Recent studies indicate the child tax credit can have a meaningful impact on the quality of life for many families by helping ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly. Learn more about common tax breaks and how to claim them. Many, or all, of the ...

Colorado families with children under 17 are now eligible for the new family affordability tax credit, which can provide up ...

Parents face a choice between the quality of their child’s education and their retirement ... fees instead of their pension will pay more tax now, and will likely end up with less in their ...

IRS estimates a fifth of Americans eligible don't take advantage The maximum credit for the 2024 tax year is $7,830 Last year, the average EITC amount was $2,743 The Earned Income Tax Credit (EITC) ...

an expansion of the child tax credit, a policy favored by a growing number of Republicans. Congress is working on a major fiscal overhaul that Republicans plan to pass through budget ...

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

With tax season 2025 underway in the U.S., American households with qualifying children now have the opportunity to claim money back from the Internal Revenue Service (IRS), by applying for what ...

including its changes to the Child Tax Credit. But extending the 2017 law would do little for the 17 million children — roughly 1 in 4 children — who currently receive less than the full credit or no ...

DeWine's proposal would, among other things: — Give Ohio families a $1,000 tax credit per child, funded by a $1.50 cigarette tax increase; — Increase sports gambling taxes from 20% to 40% and ...