The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how ...

“Data and Transparency. To increase LIHTC data transparency, a new section was added (Sec. 801, and 801 (a) in the Senate ...

Workers who are paid low wages — and in many cases are trying to raise children on overstretched paychecks — can qualify for a financial boost by claiming the earned income tax credit on their ...

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

For every $1,000, or fraction thereof, over those thresholds, the credit is reduced by $50. For lower-income ... tax year. The child must have a valid taxpayer identification number in the form of ...

Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...

It doesn't take a high income to land in a high tax bracket. A single adult earning $48,000 finds themselves paying 22% on their top-taxed dollars. Learn More: American Opportunity Tax Credit: What ...

Currently, Delaware gives residents who work outside of Delaware a 50% tax credit on city taxes due to already paying income ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...