Family Tax Act 2024. The house passed a bipartisan package (h.r. 7024 would amend portions of the internal revenue code of 1986.
To partially pay for the welfare expansions and tax cuts, the bill would advance the deadline, from 2025 to january 2024, for companies to retroactively claim the employee. Key provisions in the tax relief for american families and workers act of 2024 the bill provides for increases in the child tax credit, delays the requirement to deduct research.