A new report by watchdog group Espacios Abiertos warns that proposed changes to Puerto Rico’s Earned Income Tax Credit (EITC) by the Financial Oversight and Management Board (FOMB) could ...

Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many families from claiming millions ...

In this report, the Volunteer Income Tax Assistance (VITA) program is examined and investigates the challenges and ...

WASHINGTON — President Obama's 2015 budget to be unveiled on Tuesday will include a proposal to expand the earned-income tax credit for 13.5 million low-income Americans by closing tax loopholes ...

The House Ways and Means Committee voted 10-2 against advancing the bill, which sought to terminate the film tax credit on July 1, 2025, and reduce the individual income tax rate from 3% to 2.75%.

BATON ROUGE — The Louisiana House of Representatives voted 86-13 Wednesday to approve a bill that might further cut the state’s new flat individual income tax rate and create a tax break for ...

People over age 65 and those who have a qualifying disability and rent their homes can claim a tax credit to offset property taxes of up to $750 if their income is less than $27,500. The credit ...

BATON ROUGE — The Louisiana House of Representatives voted 86-13 Wednesday to approve a bill that might further cut the state’s new flat individual income tax rate and create a tax break for ...

WASHINGTON, May 8 (Reuters) - Republican U.S. lawmakers sent a letter to the head of the House Ways and Means Committee on Thursday voicing their support for tax credits boosted in former ...

Republican House Speaker Mike Johnson confirmed that current discussions about the $7,500 federal tax credit for electric vehicles in the budget would “more likely than not” result in killing ...

S.51 includes an expanded child tax credit, increases the earned income tax credit from 38% to 100%, increases income thresholds for retirees receiving Social Security and other pension income, a tax ...

In a statement to the New York Times, Newsom said he wanted to work with the Trump administration on a $7.5 billion federal tax credit program to bolster the TV and film production industry.