Many who overlook the earned income tax credit end up leaving good money on the table by not filing a tax return to claim the credit. The IRS estimates that 1 in 5 eligible taxpayers miss out on ...

The new Income Tax Bill 2025, which is likely to be tabled in the Parliament on February 13, aims to simplify the terminology ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

The Income-Tax Act, of 1961, uses "assessment year" and "previous year" for filing returns. In the new bill, 2025, the tax ...

The money received after claiming the earned income tax credit, though, is life-changing, according to advocates. Last tax season, for example, a single mother with three daughters in metro ...

Tax season is upon us and if your taxes are really simple, DIY might be all you need. However, if you run a business or are ...

The earned income credit is refundable — which means that even people who did not earn enough money to have taxes withheld can receive hundreds or thousands of dollars in a tax refund for the ...

Around 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, ...

Tax season can feel overwhelming, especially for baby boomers who may be navigating retirement plans, investment portfolios ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

There are an enormous number of side gigs that could help you earn a little extra cash each month. Whether you want to drive ...

Most people already received their stimulus money when they filed 2021 tax returns but scammers are pouncing on anxiety about tracking tax refunds.