The IRS and Treasury Department announced today that millions of American families would soon receive their last advance Child Tax Credit (CTC) payment for December. In addition, qualified families who won’t receive advance payments can claim the Child Tax Credit ...

During his State of the Union address on Tuesday night, President Joe Biden encouraged Congress to extend the increased Child Tax Credit through 2021, among other ideas targeted at lowering the cost of child care for American families. “Raise the ...

As the White House attempted to revive a limited version of the Build Back Better measure, top Senate Democrats urged President Biden to preserve the enhanced child tax credit payment as the “centerpiece” of a delayed tax and spending deal. ...