The tax break will apply to waiters, bartenders, delivery drivers and beauty service workers (Image credit: Peter Gazeley / Getty Images) By Becca Stanek, The Week US published 6 June 2025 ...

If tips were no longer counted as earned income, she could lose more than $5,000 in credits — far more than she’d gain from not paying tax on her tips. And remember, she’d still owe payroll ...

Republicans want to change or reduce key social safety net programs that provide health care, food benefits and financial ...

The budget would also raise the refundable portion of the earned income tax credit for low-income working families from 15% to 20% of the federal credit.

The child tax credit is not refundable. This means low-income families who pay little or no tax can't take a $2,500 per-child credit on their tax bill, because they don't owe that much in taxes.

House and Senate Republicans are taking slightly different approaches when it comes to the tax cuts that lawmakers are ...

It would have provided $150 in income tax rebates to individual tax filers who earn $50,000 or less a year and $300 to couples filing jointly if they earned $100,000 a year or less.

529 State Tax Deductions More than 30 states and the District of Columbia allow families to deduct 529 contributions from their taxable income. For a couple earning $100,000 and contributing ...

As another punishing summer edges into Karachi, a Stanford researcher and a former climate minister confront the same ...

Scientists turned out at rallies from coast to coast and in Europe to “Stand Up for Science,” revitalizing a movement to defend scientific integrity that started during Trump’s first term.

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