Working families who count on one of the federal government’s most valuable tax breaks might face new hurdles if Senate Republicans approve changes tucked inside President Donald Trump’s sweeping ...

WASHINGTON — President Obama's 2015 budget to be unveiled on Tuesday will include a proposal to expand the earned-income ... EITC to workers ages 65 and 66 — currently ineligible for the tax ...

The Earned Income Tax Credit, or EITC, provides tax relief to millions of low- to moderate-income Americans, although the IRS estimates that one in five eligible taxpayers don’t claim it on ...

[28] Proposed EITC “Pre-Certification” Would Add Red Tape for Millions of Tax Filers The bill would require the IRS to set up a new “pre-certification system” for the Earned Income Tax Credit (EITC) ...

See: Butkus, Neva. “State Earned Income Tax Credits Support Families and Workers in 2024.” Institute on Taxation and Economic Policy. September 2024. [7] Whiten, Jon and Carl Davis. “Turning IRS ...

The report, released Tuesday by the New Practice Lab at New America, surveyed over 5,000 respondents to learn why so many households fail to claim the Child Tax Credit, the Earned Income Tax Credit ...

The plan "would primarily benefit middle- and higher-income families who, even after receiving a $2,000 CTC (child tax credit), still owe additional income taxes," said the Tax Policy Center.

The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think. By Talmon Joseph Smith Economics reporter Several of the proposals that House ...

For the last two decades, homeowners have been able to claim thousands of dollars in federal tax credits to help offset the high upfront costs of going solar. Things were supposed to stay that way ...

DES MOINES — A slate of Iowa tax credits would be repealed, created or adjusted under legislation making its way through the state legislature as the end of the session nears. Senate File 657 ...