Latest News: Tax Credits
State of the State EITC
By Megan Curran January 11, 2011
For the next two years at least, the federal tax obligations of many American families is not expected to rise – largely due to the tax compromise package passed by Congress at the end of 2010.
2010 Kids Policy Roundup
By Jenn Sacks December 23, 2010
With the 111th Congress officially adjourned and New Year’s right around the corner, 2010 has become yesterday’s news. And while there is still much room for improvement, and many more battles to be fought for our kids, this past year (even the past few weeks) has brought a number of legislative victories for children. Here is a brief look back on this year’s policy wins that have (or will) improve the lives of our children and families.
December 17, 2010
Contact:
Katie Peters
202.657.0685 (office)
202.445.4312 (mobile)
katiep@firstfocus.net
Washington D.C. – Late last night, the United States House of Representatives approved major tax legislation which included several important provisions to help children and families as they continue to recover from the aftermath of the economic downturn. Today, First Focus, a bipartisan child advocacy group, praised our nation’s leaders for including provisions that will greatly benefit low-income families, but expressed serious concern for the debt burden the massive tax deal will place on the next generation.
December 17, 2010
By Chris Kelly and Megan Curran
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Based on the Tax Compromise announced by President Obama on December 6, the tax compromise legislation includes the following several provisions that will help children and working families. This fact sheet provides details about those provisions, including: the extension of Unemployment Insurance; expansions of the Child Tax Credit, Earned Income Tax Credit, Child and Dependent Care Credit; and a payroll tax cut.
Date: September 17, 2010
Time: 1:00 PM - 2:00 PM
Location:
This Event is a Conference Call
Health care reform has the potential to dramatically change the way low-income families apply for and receive other benefits, such as nutritional assistance and the Earned Income Tax Credit.
June 17, 2008
WASHINGTON D.C. - Today, the U.S. Senate again failed to pass on a procedural motion legislation that would extend support to millions of low-income, working families.
January 22, 2009
By First Focus
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This letter from First Focus urges Senators to provide critical relief for all families with children by lowering the income eligibility threshold for the Child Tax Credit (CTC) as part of the Economic Recovery Package currently being drafted.
Specifically, the First Focus has called on the U.S. Senate to mirror the improvements made by the U.S. House of Representatives, which would extend the benefit to millions of children currently left out. In theses dire economic times, the organization believes expanding the benefit to reach millions more kids will keep them out of poverty.
May 19, 2008
By First Focus
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This letter, sent by First Focus and Voices for America’s Children, urges the Senate Finance Committee to include the Child Tax Credit in the Energy and Tax Extenders Act of 2008.
June 1, 2009
By First Focus
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This brief that explains how the Family Tax Relief Act of 2009 (S.997) would increase the overall value of the Child & Dependent Care Tax Credit - extending assistance to millions of additional families.
February 1, 2009
By First Focus
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This fact sheet provides an overview of the Child and Dependent Care Tax Credit, a tax benefit that allows some families to reduce the amount of federal income taxes owed by subtracting a portion of their yearly child care (or dependent adult care) expenses from their year-end federal tax bill.