The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.

Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on September 30, as well as a $4,000 used EV credit, ...

A bill intended to challenge and end the ability of other states to tax income earned by Connecticut residents on days they work entirely from home is among those awaiting Gov. Ned Lamont’s signature.

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

For the tax year 2024, the same portion of the earned income tax credit is available for filers with three or more qualifying children with an adjusted gross income up to $59,899 if single and ...

Illinois expanded its earned income tax credit in 2024, giving low- to moderate-income workers a bigger break on their 2023 state income tax filing. But many taxpayers who receive the federal EITC ...

For tax year 2024, the maximum amount of credit if you have three or more qualifying children is $7,830. If you have two qualifying children it's $6,960 and if you have one qualifying child the ...

Maybe they're working in a low-wage job and just had a baby in 2024. Someone with one qualifying child and a lower income could qualify for up to $4,213 for the federal earned income credit.

The workshop is set for Saturday, January 25 - and it is not canceled! You can get To info on the EITC and other tax benefits, learn how to maximize your refund, and get tips for tax filing.

The full amount of the 2024 Child Tax Credit for each qualifying child will be awarded to a taxpayer if they meet all eligibility factors and their annual income is not more than $200,000 (or ...

CNBC's Senior Personal Finance Correspondent Sharon Epperson explains the earned income tax credit. The best town to live in in every state, according to data 'Nike trainer' spotted in 17th ...