News

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...
A provision in the GOP tax bill to require the IRS to screen taxpayers before they take a popular tax credit is doomed in its current form after the Senate’s referee ruled the provision doesn’t adhere ...
The proposal also calls for expanding the EITC to workers ages 65 and 66 — currently ineligible for the tax credit. It is projected to affect about 300,000 workers in the older age group.
This tax proposal would do more than make tips income tax-exempt for servers. While this tax proposal promises to benefit ...
Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.
The way to achieve a decreased tax burden is by reducing your taxable income. The IRS offers various tax credits and ...
The Senate parliamentarian has rejected a Republican attempt to exempt a small number of religious schools, including ...
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
If enacted as written, the House-approved measure would require precertification for each qualifying child for filers claiming the so-called earned income tax credit, or EITC, starting in 2028.