The Internal Revenue Service (IRS) is celebrating 2025 as the 50th anniversary of the Earned Income Tax Credit (EITC), and launching an awareness campaign as a result.
The Internal Revenue Service is accepting tax returns for tax season, including through the Direct File program.
Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...
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 ...
CNBC's Megan Casella joins 'Closing Bell Overtime' with breaking news on tariffs. The IRS says 1 in 5 eligible taxpayers miss ...
The Internal Revenue Service has launched a campaign highlighting a tax break for Massachusetts workers worth up to $7,830.
Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according to the IRS.
The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830. The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully ...
It would be life changing for approximately 65 million Americans if this onerous income tax is eliminated. It was a major ...
Every year in January, the IRS dedicates a day to Earned Income Tax Credit (EITC) awareness. This tax credit, also known as the earned income credit (EIC) allows eligible people with low-to ...
The family affordability tax credit provides eligible families with tax credits of up to $3,200 per child under 6 and up to ...
Ensure you’re making the right deductions and you can lower your bill - and if you’ve already paid, or you didn’t know to check these things this time around, make a note next year as you go to give ...