Now that the tax and spending bill ahs been signed into law, how it will impact the finances of Americans is more clear.

While a change to the maximum credit sounds good, the approved Senate proposal does not change how much of said credit is ...

The US Congress has recently passed the ambitious tax package known as "The One, Big, Beautiful Bill", a proposal pushed by ...

Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...

The recent passage of the 'One Big Beautiful Bill Act' marks a significant shift in tax policy, with notable changes to the ...

Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

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

Different provisions of the GOP tax and spending bill will kick in over the next year or so. Many are set to expire just ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

The sweeping bill that will cut taxes and impact funding to social programs was passed in the House by a vote of 218-214 on ...

Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...