Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.

The Trump administration’s efforts and the G.O.P.’s tax bill aim to restrict benefits for families that include immigrants ...

Lawmakers recently passed measures to exempt tips from income tax, but worker advocates and some labor experts say it could ...

That’s why a proposal like the Tax Cut for Workers Act, introduced by Sen. Catherine Cortez Masto, is so important. It recognizes that supporting workers without children is part of how we support ...

The child tax credit could get boosted to $2,500 under a Republican proposal. But millions of children would be excluded.

Wondering if you qualify for 2025 stimulus aid? Learn about 2 key government programs that could put extra money in your ...

A bill in the Louisiana Legislature aims to repeal the motion picture production tax credit and reduce the individual income tax rate. HB 341, sponsored by Oil City Representative Danny McCormick, ...