Democrats are proposing eliminating all personal income taxes for working-class households making $70,000 or less a year, a cost that would be offset by a new oil surtax. The earned income tax credit ...

A House committee has advanced a bill to cut or even eliminate state income taxes for many working New Mexicans — but also added a tax hike for oil producers, stirring opposition from Republicans and ...

The Credit for Caring Act, if passed, would provide up to a $5,000 federal tax credit for eligible working family caregivers.

Addressing growing needs for child care, senate Democrats presented a three-point approach to expanding access and lowering ...

A conference committee aims to reconcile differences in New Mexico's House Bill 14, which initially included an oil surtax to ...

The bill's main provision, to replace the state's Working Families Tax Credit with a new Earned Income Tax Credit, survived.

New York families with children may soon see a significant financial boost as the Working Families Tax Credit (WFTC) advances ...

Republican Alabama Sen. Katie Britt is pushing Republicans to strengthen child care benefits in the party’s tax legislation ...

Providing parents with tax credits has mostly been a Democratic priority but the idea has gained traction in Ohio, Indiana and other Republican-led states.

Advocates say tax relief such as a child tax credit is needed now as support programs shrink, but federal cuts could ...

If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...

would provide up to a $5,000 nonrefundable federal tax credit for eligible working family caregivers, that would cover 30% of qualified expenses they incurred above $2,000. The bill would help ...