The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

NEW YORK — Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also ...

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according ...

The Internal Revenue Service has launched a campaign highlighting a tax break for Massachusetts workers worth up to $7,830.

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

However, over a dozen states received a higher check amount. Also known as the earned income credit (EIC), the amount you get depends on your income, filing status, and the number of qualifying ...

Fair tax policy depends on prioritizing the well-being of all households, not just the wealthiest. New Jersey, and the nation as a whole, cannot afford to hand special tax breaks to the most affluent ...

The Internal Revenue Service and partners on Friday celebrated the 50th anniversary of the Earned Income Tax Credit, or EITC, ...