Millions of Americans are waiting longer for their tax refunds this year — and two popular tax credits are the reason. Here’s what the IRS says and when your money could actually arrive.
In genreral, the IRS says most refunds are issued within 21 days. These credits can change that schedule, however.
Due to a new tax law and annual IRS inflation adjustments, adoption tax credit amounts are higher.
The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.
A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...
The PATH Act requires the IRS to verify income and identity before a check can be issued.
The value of the child tax credit in 2025 (for tax returns filed in 2026) is $2,200, up from $2,000 in 2024. Going forward, the value of the child tax credit will be adjusted for inflation each year.
Sen. JD Vance of Ohio, former President Donald Trump's GOP running mate, wants to raise the child tax credit to $5,000. Vance's plan would be a "relatively large expansion" compared with the current ...
It’s the Earned Income Tax Credit and about a fifth of South Carolina’s low-to-moderate income workers are eligible and don’t ...
Tax season is well underway. And for people in Pennsylvania getting ready to file, officials want you to be aware of a new tax credit that could give you a good chunk of cash. You can listen to this ...