News

Trump’s ‘One Big Beautiful Bill’ could reshape the Earned Income Tax Credit by adding new eligibility requirements. While not eliminating the EITC, the changes may reduce access for low-income ...
President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...
As Congress sends its latest tax proposal to President Donald J. Trump, both the House and Senate versions of the One Big ...
The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend colleges and universities. Right now, students are considered full time and ...
The new bill establishes a full tax exemption on military pensions for retirees earning less than $125,000 annually.
Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.
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 ...
A provision in the GOP tax bill to require the IRS to screen taxpayers before they take a popular tax credit is doomed in its current form after the Senate’s referee ruled the provision doesn’t adhere ...
This bill will not balance the budget or reduce the deficit, but it will take food and healthcare from children and tax credits from working families.
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...