The IRS is set to increase the Earned Income Tax Credit (EITC) for the 2025 tax year, offering enhanced financial support to ...
If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...
To qualify for the EITC, you must have under $11,600 in investment income and earn less than a specific income level from wor ...
A group of volunteers spent part of their Saturday to offer free tax preparation to Montgomery County residents for free.
(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...
In Kentucky, more than 352,000 workers and families received about $967 million total in EITC for tax year 2023.
EITC checks to increase in 2025 . The Earned Income Tax Credit is adjusted annually for inflation, and there’s good news. For ...
When does tax season start?IRS announces date tax season will begin. Important tax season deadlines to keep in mind The EITC can be claimed if your income is low to moderate. The amount of a ...
The EITC can be claimed if your income is low to moderate. The amount of a taxpayer’s credit might change if they have children, dependents, are disabled or meet other criteria. Military members ...
Hawaiʻi’s EITC, which is tied to taxpayers receiving the federal credit, provides 40% of the value of the federal credit, up from 20% thanks to a 2023 state law. But a lot of Hawaiʻi taxpayers ...
Sen. Chris Murphy (D-Conn.) said on Monday he’s unsure whether “the extent of the pardons” granted by former President Biden was “necessary.” Murphy told reporters that he has “real ...
There are two child tax credits parents can claim — the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC). Both credits help families with qualifying children's tax breaks.