News

The federal adoption tax credit for the 2025 tax year (taxes generally filed in 2026) is worth up to $17,280 (up from $16,810 ...
The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...
Trump’s ‘One Big Beautiful Bill’ could reshape the Earned Income Tax Credit by adding new eligibility requirements. While not eliminating the EITC, the changes may reduce access for low-income ...
Discover the evolving landscape of the Earned Income Tax Credit (EITC) in 2025. Learn who qualifies, the impact of new legislation, and how these changes affect low to moderate-income workers.
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
Speculation of a fourth stimulus check surfaced on social media and unverified websites, however, there has been no official ...
In this economy, losing a job is especially rough, and if you’re one of the many people laid off this year or collecting ...
According to the IRS, the average tax refund in ... It determines your income tax bracket, the amount of your standard deduction and whether you’re eligible for certain credits and deductions.
For 2025, families with three or more children can receive up to $8,046 through the credit. Single filers can claim the maximum amount with adjusted gross income up to $61,555, while married couples ...
How American Expats Can Receive the Child Tax Credit and Additional Child Tax Credit Overseas Raising kids is one of life’s greatest rewards but yes, let’s be realistic, it’s expensive. […] ...
The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...