The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in part by slashing health, nutrition, education and clean energy programs.

The escalating conflict in the Middle East is “deeply worrying”, a deputy governor of the Bank of England has warned after voting to keep interest rates on hold. Clare Lombardelli said the central ...

The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American ...

Both of California's Film & TV Tax Credit program amendments and the additional funding have now been approved and signed.

Both the House and the Senate want to raise the maximum child tax credit, but limits on who can claim it mean millions of ...

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

The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be scrapped in the tax-and-spending mega bill passed by the House, key Republicans said.

To qualify, employers must submit IRS Form 8850 and Department of Labor Form 9061 or 9062 to their state within 28 days of the employee’s start date.

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed.

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress.

A tax credit viewed as crucial to saving Downtown was renewed, and a new incentive to lure companies to the Big Apple from out of state established for the first time, in a down-to-the wire vote ...

Homeowners tax credit bill killed, no relief for low-income homeowners by: Ashley Hamilton Posted: Jun 10, 2025 / 04:31 PM CDT Updated: Jun 11, 2025 / 08:37 AM CDT ...