Child Tax Credit, Trump
Child tax credit may face changes under Trump
With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under the 2017 Tax Cuts and Jobs Act, the credit could revert to $1,000 in 2026 unless Congress acts. Bipartisan support exists to maintain the $2,000 credit, but no guarantees are in place.
President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.
Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...
House Speaker Matt Hall's proposal to free up more money for road funding by eliminating business tax credits is being met ...
During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.
Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that ...
Gov. Kathy Hochul offered an array of sweeteners on Tuesday to the New York film and TV tax incentive, as the state looks to ...
This story was originally posted on IdahoEdNews.org on Jan. 22, 2025. Two new private school choice bills emerged Wednesday — ...
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