Workers and their families shouldn’t overlook potential tax credit: IRS
The IRS estimates that about 23 million eligible workers and families received about $57 billion in EITC nationwide when filing for 2023. The current income threshold for individuals who are eligible ...
IRS: Taxpayers could qualify for nearly $8K under Earned Income Tax Credit
STATEN ISLAND, N.Y. — Taxpayers this year could qualify for nearly $8,000 under the Earned Income Tax Credit, according to ...
IRS Updates Earned Income Tax Credit for 2025: More Families Eligible for Higher Credits
The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...
New York senator pushes for expanded tax credit amid rising inflation
As inflation continues to strain household budgets, NYS Senator Patricia Fahy has reintroduced legislation aimed at expanding ...
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
Hoodline11d
Free Tax Preparation Service Opens in Clarksville for Households Earning Up to $76,000
United Way opens a free tax prep site in Clarksville, TN for those earning under $76,000, providing assistance with tax ...
CNET11d
Be Sure to Claim All Your Tax Credits to Get the Largest Tax Refund Possible
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...
NBC 6 South Florida12d
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income ... child tax credit, or ACTC, with two or more children, said Syracuse University law professor Robert ...
6 Tax Benefits for New Parents
While adding to your family is an exciting time, a new child also creates some costs you'll want to offset whenever possible. One money-saving move involves revisiting your tax situation. If ...
CNET14d
You Could Owe Taxes This Year if You're Paid Through Venmo, PayPal or Cash App. Here's Why
The new 1099-K tax reporting rule only applies to income you earned from third-party payment apps. The IRS is not taxing the money you send to your friends or family. Here's everything you should ...
Forbes14d
Best Beginner Credit Cards To Build Credit Of February 2025
Clint Proctor is a lead editor with the credit cards and travel rewards team ... travel both possible and affordable for his growing family. Now, as a dad to four sons, he ...