Internal Revenue Service Commissioner Danny Werfel told lawmakers on Capitol Hill Thursday that his agency is “poised to move quickly” on a bipartisan tax bill that would temporarily expand the child tax credit and revive several corporate tax breaks.
Congress is looking at expanding the child tax credit again Who would benefit? floridaphoenix.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from floridaphoenix.com Daily Mail and Mail on Sunday newspapers.
A majority of low-income families who do not qualify for the full credit would see some increase within the first year of the three-year deal, a new analysis finds.