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 ...

Republican House Speaker Mike Johnson confirmed that current discussions about the $7,500 federal tax credit for electric vehicles in the budget would “more likely than not” result in killing ...

S.51 includes an expanded child tax credit, increases the earned income tax credit from 38% to 100%, increases income thresholds for retirees receiving Social Security and other pension income, a tax ...

The CBDT has notified the ITR-2 form for FY2024-25, effective from April 1, 2025, which will be applicable to the majority of taxpayers, especially salaried individuals, pensioners, and those with ...

The committee plan also boosts the state income tax credit for the working poor from 30.5% of the federal Earned Income Tax Credit’s value to 45%. Lamont had proposed increasing it to 40%.

37,127 people played the daily Crossword recently. Can you solve it faster than others?37,127 people played the daily Crossword recently. Can you solve it faster than others?

Jefferson Twp. schools is asking for an additional, 1.5% earned income tax. The levy is expected to generate about $1.4 million per year and would cost someone earning $50,000 and living in the ...

(WHTM)– A Pennsylvania lawmaker plans to introduce legislation that would exempt all earned income by individuals under 18 from state income tax. The memo, circulated by State Representative ...

The bill exempts "cash tips"—cash, credit and debit card charges, and checks—from federal income tax by allowing taxpayers to claim a 100 percent deduction at filing for tipped wages.

“Even after our historic tax cuts in 2021 and 2023, we still have the highest income tax rate in the region ... s proposal to expand a tax credit for low-income earners. The state will bump its match ...

A bipartisan duo reintroduced a popular measure this week that would expand the low-income housing tax credit with an eye toward including it in Republicans’ budget reconciliation package.