News

Oregon and others.  It’s time for policymakers to abandon the myth that subsidies solve housing shortages and provide ...
The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American ...
The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
Additionally, self-employed individuals must file if they earned $400 or more. Dependents have their own filing thresholds based on income type. Filing late may mean a smaller refund if penalties ...
This bill will not balance the budget or reduce the deficit, but it will take food and healthcare from children and tax credits from working families.
The Senate parliamentarian has rejected a Republican attempt to exempt a small number of religious schools, including ...
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 ...
Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.
Republicans want to change or reduce key social safety net programs that provide health care, food benefits and financial ...
The average amount of EITC received nationwide in 2023 was $2,743. How do I claim the EITC? To claim this credit, you must file a 1040 federal income tax return.
Earned Income Tax Credit 2025: You only get the EITC payment if your income does not exceed these limits The EITC turns 50, a law that helps encourage work and support families in poverty ...