As Republicans work to draft tax legislation for the 2025 federal budget package, lawmakers have introduced bipartisan legislation to eliminate the age cap on eligibility for ...

On the other hand, some tax credits, such as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC), may delay the issuance of the refund. Despite the possible delays, thousands of ...

The IRS estimates that one in five eligible taxpayers don't apply this important tax credit to their filing every year, ...

Not counting the Recovery Rebate Credit, the median refund for non-filers from 2021 was about $781. Many lower- and moderate-income workers could have also be missing out on the Earned Income Tax ...

However, not filing could mean missing out on refundable credits like the Earned Income Tax Credit or Child Tax Credit. The IRS estimates nearly 1 million taxpayers fail to file each year and forfeit ...

This week, we celebrate 50 years of the federal Earned Income Tax Credit (EITC) and the impact it's had on millions of workers and families. In 2023 alone, the latest year of available data, the ...

with a focus on taxpayers who are over 50 and have low to moderate income. You don't need to be an AARP member to use the service. Since 1968, Tax-Aide has helped over 80 million taxpayers receive all ...

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en ...