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

The mother ended up getting $3,500 in a tax refund last year thanks to the earned income tax credit and the child tax credit, Perkins said. "That is absolutely life-changing for a mother right on ...

A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...

Earned income tax credit qualifications without children . If you don’t have a qualifying child, you can still claim the EITC if you meet all of the following eligibility rules: ...

The Earned Income Tax Credit (EITC) can reduce taxes and increase refunds for low- to moderate-income workers and families. The credit ranges from $632 to $7,830 for the 2024 tax year.

See qualifications and credit amounts for 2024 and 2025. The earned income tax credit (EIC or EITC) is for low- and moderate-income workers. In general, the less you earn, the larger the credit.

Today in Ohio podcast dissects how the proposal to stop taxing tips could harm low-income workers by threatening crucial tax credits while creating loopholes for the rich ...

The GOP’s plan to eliminate taxes on tips masquerades as help for service workers, but in reality, it strips away crucial tax credits and opens the door to exploitation, benefiting the wealthy far ...

Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.

The new bill establishes a full tax exemption on military pensions for retirees earning less than $125,000 annually.

The parliamentarian ruled that a provision making it easier to get silencers and certain types of guns is irrelevant to the ...

Following promises from both parties during the last presidential election, the "no tax on tips" policy is now one step closer to becoming a reality after passing both the House and Senate. Should the ...