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 ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

Under the Protecting Americans from Tax Hikes Act, the IRS is not allowed to issue a refund involving the earned income tax credit before mid-February. This year, the IRS told early filers that ...

The Earned Income Tax Credit, or EITC, helps low- to moderate-income workers save on federal taxes. The EITC was established by the Tax Reduction Act of 1975 as a temporary way to help lower ...

Prepare your taxes carefully because simple errors can cause your return to be rejected and delay the credit. If you aren’t eligible for the earned income tax credit, or EITC, it means you make ...

The U.S. Senate unanimously passed the "No Tax on Tips Act," a bipartisan bill that would exempt up to $25,000 in cash and ...

In an era when billionaires only seem to want to enrich themselves and corporations boast record profits while paying minimal taxes, it’s refreshing to see a U.S. senator championing legislation that ...

The actual credit is a percentage of those expenses. See IRS Publication 503 for the formulas. Having a child could make you eligible for the Earned Income Tax Credit. If you have one child and ...

Filed your taxes yet? You could be missing out on a tax credit that could benefit you. If you're on a tight budget and hoping that your tax refund can give you a boost, the Earned Income Tax ...

If you made money last year by working a job or running a business–you might qualify for the Earned Income Tax Credit (EITC). This credit is designed to help middle-class and low-income families ...