The Earned Income Tax Credit (EITC) is a significant opportunity for eligible taxpayers to receive up to $7,830, providing ...

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.

To qualify for the EITC, you must have under $11,600 in investment income and earn less than a specific income level from wor ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

While adding to your family is an exciting time, a new child also creates some costs you'll want to offset whenever possible. One money-saving move involves revisiting your tax situation. If ...

Most taxpayers receive refunds and money has already started being issued. There are ways to find out information about the ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

Thousands of Illinois residents who are eligible for tax credits didn’t claim them last year, resulting in $4 million in unclaimed credits. Gov. JB Pritzker and the ...

Tax credits are often more valuable compared to deductions because they directly reduce your tax bill dollar-for-dollar.