Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating ...

President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes would require parents to jump through new hoops starting in 2028 before ...

Twenty-three million families rely on the earned income tax credit for financial survival. New legislation could force them ...

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed. The Senate Finance ...

The ITAT Ahmedabad ruled that interest earned by a cooperative society from Urban Cooperative Banks qualifies for deduction under Section 80P(2)(d) of the Income-tax ...

Policymakers have a number of options they can use to support work, many of which would be particularly beneficial at a time ...

Senate Republicans have released their version of the tax legislation. It included some significant changes from the House ...

H.R. 1, the so-called “One Big Beautiful Bill Act” now before Congress, would make deep cuts to programs that keep our ...

Economic Security Illinois (ESIL) says Governor Pritzker’s signing of the Illinois state budget, which includes an expansion of the state’s child tax credit, is a ...

NRI children must report Indian interest income in their resident countries, but tax relief is available under DTAA to avoid ...

With interest rates still relatively high, even modest savings can generate income that pushes someone over the threshold, ...