[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

One of the only things Donald Trump and Kamala Harris agreed on during the presidential campaign was the need to increase the ...

Donald Trump's signature 2017 tax cuts are set to expire in 2026, alongside the child tax credit benefits that were attached.

A new child tax credit plan proposed by a Republican congressman could gain widespread support among Americans, based on a ...

A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...

The global tax deal prevents a "race to the bottom" on corporate income tax rates around the world. President Trump pulled ...

South Carolina has committed more than $1 billion to help build up the electric vehicle industry, but people have to buy the ...

President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.