The federal government helps defray at least some small portion of those costs with the child and dependent care credit, ...

Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

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 ...

Income-eligibility rules for specific tax benefits are nothing new; lawmakers use them to limit the number of people who benefit and to control costs. That's especially the case as GOP lawmakers try ...

I was still budgeting, but I was quickly spending more than I earned. I told myself I could manage it. But I wasn't managing it. I was leaning on my credit card more and more, convincing myself ...

The House Ways and Means Committee voted 10-2 against advancing the bill, which sought to terminate the film tax credit on July 1, 2025, and reduce the individual income tax rate from 3% to 2.75%.

More than 40% of the tax credits issued as part of Oklahoma’s Parental Choice Tax Credit program for the 2025-26 school year went to families with an annual income of $150,000 or more, according to a ...

BISMARCK, ND (KXNET) — North Dakota Health and Human Services (NDHHS) has raised its qualifying income levels for public health programs that serve children and families. This increase is based ...

BISMARCK, ND (KXNET) — North Dakota Health and Human Services (NDHHS) has raised its qualifying income levels for public health programs that serve children and families. This increase is based on ...

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 ...