U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face ...

U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face ...

Connecticut Gov. Ned Lamont and state lawmakers reached a deal on the state’s $55 billion two-year budget by agreeing to scrap a child tax credit for the middle class.

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 ...

These provisions may not have top billing in the sweeping GOP tax bill, but they could have a big impact on Americans' ...

The IRS’s extended June 16 deadline gives you a little more time to prepare and file your return, along with any applicable ...

Tax credits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) are a major component of anti-poverty efforts ...

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

A 1.75 percent surcharge on investment income from Connecticut's wealthiest will not become part of the Connecticut budget.

Those types of safeguards are built into state and federal programs such as the earned-income tax credit, food stamps and Medicaid that benefit low-income families. “We got told this program ...

If you owe $10,000 in taxes and receive a $1,000 tax credit, you’ll only owe $9,000. Wondering how to calculate your California State income tax? Follow these step-by-step guidelines ...