Tag: potential impact families tax credit
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U.S. House Passes Bill Proposing Child Tax Credit Expansion for Lower-Income Families
The U.S. House of Representatives has approved the Tax Relief for American Families and Workers Act of 2024, a bill aimed at enhancing the child tax credit over the next three years. Geared towards providing financial relief to lower-income families with children the proposed changes, if signed into law could benefit millions by increasing the…