You can explain to your kids, basically, ... Say one chooses to live in California (where the top income tax rate was 12.3% in 2019), another in New York (8.82% in 2019) ...

Sound familiar? Perhaps the moaning and groaning are coming from your teenager who’s shocked that all the long hours behind the fast-food counter resulted in a smaller-than-expected final take ...

Today’s topic: How to use Tax Day to teach kids about money. Most parents have already filed their federal income taxes, and if not… heads up, the deadline is midnight!

Today’s topic: How to use Tax Day to teach kids about money. Most parents have already filed their federal income taxes, and if not… heads up, the deadline is midnight!

“The child tax credit is appealing to families, and because of that, it’s appealing to politicians,” she said, noting that almost 90% of families with kids got the credit in 2022.

"I'd love to see a child tax credit that's $5,000 per child, but you, of course, have to work with Congress to see how possible and viable that is," Vance said on CBS's "Face the Nation" on Sunday.