The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...

About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...

On this week's episode of the Forbes Tax Breaks Podcast, Forbes Senior Writer and tax attorney Kelly Phillips Erb discusses ...

Georgia's Republican lieutenant governor is renewing a push to expand child care tax credits. Lt. Gov. Burt Jones told The ...

Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

El Salvador has agreed to house violent US criminals and receive deportees of any nationality, US Secretary of State Marco ...

Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...

The proposed legislation aims to invest $90 million over three years to boost workforce participation. Addressing both ...

As tax filing season begins, Governor Tim Walz is encouraging Minnesotans to claim the Child Tax Credit when filing their ...