Trump, Child Tax Credit

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.
With President Trump’s return, the future of the child tax credit is uncertain. Currently capped at $2,000 per child under ...
You may now qualify for several new tax credits and deductions depending on your income level. The Child Tax Credit has ...
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.
Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.
Elizabeth Warren's recommendations for Elon Musk's DOGE include cutting Department of Defense spending and cracking down on ...
Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that ...
A historic 2025 tax debate is formally underway. A lot of the early focus is on an issue well known to pretty much every ...