What is the Educational Improvement Tax Credit (EITC) program? The Commonwealth of Pennsylvania created the EITC Program to stimulate giving to innovative educational organizations. Qualified ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible ...

The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.

First Resource Bank recently contributed $350,000 to over 50 local schools and organizations through Pennsylvania’s Educational Improvement Tax Credit (EITC) program. This significant donation ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

And as people get started on their filings, the Internal Revenue Service (IRS) is urging taxpayers to get a closer look at an oft-overlooked — and potentially useful — tax credit.

The Earned Income Tax Credit helps low- to moderate-income workers and families get a tax break, according to the IRS. Qualifying taxpayers can use the credit to reduce the taxes they owe and ...

Most people who are eligible for tax credits claim them. Direct File — the IRS’ online tool for filing tax returns — could get more eligible filers to claim EITCs and CTCs.