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.
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 ...
The Internal Revenue Service has launched a campaign highlighting a tax break for Massachusetts workers worth up to $7,830.
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 ...
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.
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 ...
A person’s tax situation can depend on factors like their marital status and income level but there are many other things ...
Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a ...
Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.
A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...