As Republicans work to draft tax legislation for the 2025 federal budget package, lawmakers have introduced bipartisan legislation to eliminate the age cap on eligibility for ...

U.S. Representatives Mike Carey (R-OH-15) and Danny K. Davis (D-IL-07), both members of the House Ways and Means Committee, ...

And, depending on your income, you may qualify for the retirement saver’s tax credit, which can reduce your tax liability by up to $1,000 per person. “The saver’s credit is something you can ...

WASHINGTON - The Earned Income Tax Credit (EITC) has played a crucial role in helping millions of low-to-moderate income workers out of poverty. Saturday, March 29, 2025, marked the 50th ...

Clark-Shawnee school district voters will decide in the May 6 election whether to approve a school district earned income tax for the first time. The 1% income tax would not impact retirement ...

Both tax credits and tax deductions can reduce the amount of tax you owe, but in different ways. In the simplest terms, a tax deduction reduces your taxable income — which could move you to a lower ...

To avoid new legal disputes, Upper Darby Township Council passed a new ordinance to enact a 1 percent earned income tax. Council voted 6-4 for the new ordinance, to enact the tax which Chief ...

Earned income tax credits have also risen. For qualifying taxpayers who have three or more qualifying children, the tax year 2024 maximum Earned Income Tax Credit amount is $7,830. If you received ...

Doubling the credit: Rep. Matthew Willard, D-New Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana ...

(The Center Square) − Rep. Matthew Willard, D-New Orleans, has filed a bill proposing to double the state's Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana ...

Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana taxpayers receive a state EITC ...