Federal Tax Headlines Tax Headlines

Bill Introduced to Expand EITC, Child Tax Credit; White House Explores Child Credit Expansion

Sens. Tammy Baldwin, D-Wis., and Cory Booker, D-N.J., have introduced the Stronger Way Bill, tax reform legislation addressing certain family-focused tax credits. The bill proposes enhancing both the Earned Income Tax Credit (EITC) and Child Tax Credit. Meanwhile, the White House reportedly has scheduled several meetings with lawmakers on the expansion of the Child Tax […]

The post Bill Introduced to Expand EITC, Child Tax Credit; White House Explores Child Credit Expansion appeared first on Tax & Accounting Blog.

Powered by WPeMatico