WASHINGTON, D.C. — The Tax Relief for American Families and Workers Act improves today’s child tax credit in multiple ways – most notably providing parents with relief from high prices by adjusting the tax credit for inflation and eliminating the penalty for larger families to ensure the child tax credit ...
WASHINGTON, D.C. – The Tax Relief for American Families and Workers Act maintains all of the safeguards made to the Child Tax Credit (CTC) in its 25-year lifespan, including a social security number (SSN) requirement established by Republicans in the 2017 GOP tax law.
WASHINGTON, D.C. – To ensure taxpayers receive the benefits of the Tax Relief for American Families and Workers Act as quickly as possible, the legislation instructs the IRS to update its systems and process any additional tax refunds on an expedited timeline. This is crucial to protecting Americans from having their tax refunds ...
"The House must come together to pass this pro-growth, pro-jobs, and pro-America package that gives hard-working families relief from high prices."
Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after ...
WASHINGTON, D.C. – The pro-growth, pro-worker, pro-America tax provisions within the Tax Relief for American Families and ...
WASHINGTON, D.C. – The $600 billion of pro-growth tax incentives for American workers and small businesses locked in by the Tax Relief for American Families and Workers Act will support millions of American jobs and make the United States more competitive in the global economy. The legislation restores three key tax provisions ...
WASHINGTON, D.C. – Under legislation pending before the House, Americans harmed by recent hurricanes, wildfires, and floods, as well as the February 2023 train derailment in Ohio, will receive long-awaited relief. The Tax Relief for American Families and Workers Act offers important relief to victims of disasters across hundreds ...
WASHINGTON, D.C. – All Republican Members of the Ways and Means Committee sent a letter on Tuesday to the U.S. District Court for District of Columbia, respectfully asking the court to sentence the IRS leaker, Charles Edward ...
WASHINGTON, D.C. – The Tax Relief for American Families and Workers Act locks in $600 billion in pro-growth, pro-worker tax policies from the 2017 GOP tax reform, including key research and development incentives, 100 percent immediate expensing for equipment and machinery, and more flexible interest deductibility. These ...
WASHINGTON, D.C. – At the Ways and Means Work and Welfare Subcommittee hearing on supporting youth aging out of foster care, members heard testimony about the challenges foster youth in America face as they transition into adulthood and ways to improve federal child welfare programs. Every year, around 19,000 foster youth age out of the foster care ...