The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.

President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...

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 ...

The proposal also calls for expanding the EITC to workers ages 65 and 66 — currently ineligible for the tax credit. It is projected to affect about 300,000 workers in the older age group.

If enacted as written, the House-approved measure would require precertification for each qualifying child for filers claiming the so-called earned income tax credit, or EITC, starting in 2028.

The conservative House Freedom Caucus said Friday it would “not accept” changes that “water down” its cuts to green energy tax credits as the Senate weighs whether to alter parts of the ...

Part of the massive domestic policy bill currently moving through Congress known as the “Big Beautiful Bill,” includes an unprecedented $5 billion national school voucher program. Republicans ...

Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now ...

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or ...