And as people get started on their filings, the Internal Revenue Service (IRS) is urging taxpayers to get a closer look at an oft-overlooked — and potentially useful — tax credit.
Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.
As the 2025 tax season approaches, understanding the Earned Income Tax Credit (EITC) can significantly impact your tax return. With changes in credit amounts and eligibility criteria, it's crucial to ...
Policy risks raising prices for essential products like gas and groceries. ABC News White House Correspondent Selina Wang discussed President Donald Trump's announcement that his administration ...