Here’s what’s in the bipartisan tax deal
Tax leaders in both the House and Senate announced a $78 billion bipartisan agreement Tuesday as they rush to enact provisions before tax season begins in late January. Here are some successful trades: Expansion of child tax credit Under the agreement, the child tax credit will be strengthened, increasing the credit cap from $1,600 to […]
Bipartisan tax deal could boost child tax credit for 2023. What it means for families this tax season – CNBC
Senior MPs made the announcement on Tuesday. $78 billion bipartisan tax deal —Includes a retroactive increase in the child tax credit that could affect families' filings this season. But the proposed legislation could still face hurdles, experts say. The plan would expand the child tax credit retroactively to 2023 by expanding access, increasing the amount […]