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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 ...
Those types of safeguards are built into state and federal programs like the earned-income tax credit, food stamps and Medicaid that benefit low-income families. “We got told this program will ...
according to the Joint Legislative Fiscal Office Vermont’s earned income tax credit — linked to the federal initiative of the same name — would also expand under the bill for workers without ...
Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...
and there would be additional rules for people claiming the Earned Income Tax Credit, a wage subsidy for low-income workers. Republicans would also revive a failed bid to crack down on a scandal ...
The return included improper claims for the Earned Income Tax Credit, Child Tax Credit, and a Qualified Business Income deduction. A statistical review by the IRS of 1,261 returns filed by ...
The tax portion of Republicans’ wide-ranging bill full of President Trump’s domestic priorities would cost $3.7 trillion over the next decade, the Joint Committee on Taxation (JCT) found.
Jessica Crawford filed more than $3 million worth of fraudulent claims. A tax preparer in Georgia was sentenced to eight years in prison over phony tax returns connected to pandemic unemployment ...
Discussion and debate on the annual general appropriations bill often serves as a summation of the legislation session. The same is true for whatever tax cut the people in charge have cooked up ...
Enter the Overtime Wages Tax Relief Act, which, if passed, would allow millions of employees to deduct a portion of their overtime earnings from their taxable income. Its sponsors say it would put ...
Congress began tearing down the most consequential climate policy it had ever passed as torrents from a 1,000-mile-long atmospheric river lashed Washington, D.C. The worst impacts of Tuesday’s ...
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