News

Buried in the "big, beautiful bill" is a provision that would require low-income Americans to pre-certify to get the Earned ...
Under the Protecting Americans from Tax Hikes Act, the IRS is not allowed to issue a refund involving the earned income tax credit before mid-February. This year, the IRS told early filers that ...
The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...
If you made money last year by working a job or running a business–you might qualify for the Earned Income Tax Credit (EITC). This credit is designed to help middle-class and low-income families ...
The Earned Income Tax Credit, or EITC, helps low- to moderate-income workers save on federal taxes. The EITC was established by the Tax Reduction Act of 1975 as a temporary way to help lower ...
U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face ...
Prepare your taxes carefully because simple errors can cause your return to be rejected and delay the credit. If you aren’t eligible for the earned income tax credit, or EITC, it means you make ...
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
The House's nearly $4 trillion tax package is set for a makeover in the Senate starting this week when lawmakers return to ...
On May 20, 2025, the U.S. Senate passed the “No Tax on Tips Act” with unanimous consent. The bill now heads to the U.S. House ...
The earned income tax credit, or EITC, is a tax break that can help low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your filing ...