The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Some taxpayers may be eligible for a refundable credit of up to $8,000. Here are the requirements and how to apply.

Senate Republicans introduced a pair of bills on Wednesday aiming to strip the country of its electric vehicle (EV) tax ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. The ...

The earned income tax credit, or EITC, is a tax break that can help low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your filing ...

As inflation continues to strain household budgets, NYS Senator Patricia Fahy has reintroduced legislation aimed at expanding ...

On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

Section 80P (2) (d) not eligible on interest on surplus funds deposited with Co-Op banks by cooperative society: ITAT Bangalore ...