Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

“We are absolutely committed to continuing to make the case for a child tax credit,” said Lisa Tepper Bates, president and CEO of the United Way of Connecticut, which collected nearly 1,300 supporting ...

Both parties know how important it is to grow the economy to increase government revenues. If Congress doesn’t extend the TCJA, the expiration of many of the provisions on Jan 1, 2026, ...

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

By comparison, the House-approved bill would boost the top child tax credit to $2,500 from 2025 through 2028. After that, the credit's highest value would drop to $2,000 and be indexed for inflation.

Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...