Child Tax Credit
Governor Kathy Hochul has proposed a $110 million initiative to expand childcare access across New York State, focusing on constructing new childcare centers and renovating existing ones to address statewide childcare deserts. The plan, announced ahead of her upcoming State of the State Address, includes additional measures to tackle staffing shortages and improve access. Key […]
In Gov. Kathy Hochul’s upcoming 2025 State of the State address, the Child Tax Credit plans to pay as much as $1,000 per child up to age 3, and $500 for kids aged 4 and 16. “The cost of living and raising a family is still too high,” said Hochul. “We’re proposing a massive increase […]
As part of New York’s state budget, $350 million has been allocated to aid moderate- and low-income families through the Empire State Child Tax Credit. Governor Kathy Hochul announced that one million New York families will receive checks of up to $330 per child by the end of August. The credit applies to families with […]
The Internal Revenue Service is sending letters to more than 9 million households who are potentially eligible for tax benefits, but haven’t filed a 2021 return to claim them. The news come after an audit by the Treasury Inspector General for the Tax Administration. $1.1 billion in Child Tax Credits were sent to 1.5 million […]
The Child Tax Credit Payment is coming July 15th. Some families could get up to $3,600 per kid over the course of this year and next. Parents with an income of less than $150,000 (married and filing jointly) will get a max of $300 for each child under the age of 6 and $250 for […]
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