President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes would require parents to jump through new hoops starting in 2028 before ...

Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating ...

Twenty-three million families rely on the earned income tax credit for financial survival. New legislation could force them ...

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

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed. The Senate Finance ...

Foreign tax credit is a key relief for Indian taxpayers with foreign income, but ambiguities in domestic laws and DTAAs remain. To avoid litigation, taxpayers must closely examine both domestic tax ...

Following promises from both parties during the last presidential election, the "no tax on tips" policy is now one step ...

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 ...

Senate Republicans have released their version of the tax legislation. It included some significant changes from the House ...

The federal government helps defray at least some small portion of those costs with the child and dependent care credit, which is currently worth up to $1,050 for some taxpayers with one child or ...

Economic Security Illinois (ESIL) says Governor Pritzker’s signing of the Illinois state budget, which includes an expansion of the state’s child tax credit, is a ...