The top tenth of the U.S. income spectrum is set to receive the biggest annual boost to their wealth as a result of the House-passed Republican tax-and-spending cut bill, according to a new ...

The highest-earning U.S. households would see the biggest gains under the GOP budget package thanks to tax cuts, CBO analysis finds.

Expanding the Low-Income Housing Tax Credit could make a successful program even better—and address a major crisis.

Working families who count on one of the federal government’s most valuable tax breaks might face new hurdles if Senate Republicans approve changes tucked inside President Donald Trump’s sweeping ...

The U.S. Senate should make changes to House budget reconciliation bill provisions that phase out clean-energy tax credits, ...

President Donald Trump’s “big beautiful” bill could make it harder to claim the earned income tax credit. Here’s who could be ...

WASHINGTON — President Obama's 2015 budget to be unveiled on Tuesday will include a proposal to expand the earned-income tax credit for 13.5 million low-income Americans by closing tax loopholes ...

HARTFORD — Low-income Connecticut families with children could receive a $250 check, under a new policy included in the ...

See: Butkus, Neva. “State Earned Income Tax Credits Support Families and Workers in 2024.” Institute on Taxation and Economic Policy. September 2024. [7] Whiten, Jon and Carl Davis. “Turning IRS ...

The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House ...

Should Trump succeed in swaying Republican holdouts and passing the 1,116-page bill as is, there is good news for child tax credit beneficiaries, who would see a temporary $500 increase to $2,500 ...

Billy Long’s effort to promote the credit, along with his advocacy of a fraud-ridden pandemic-era tax break, was scrutinized during his Senate confirmation hearing. By Andrew Duehren Reporting ...