The city of Philadelphia is launching a campaign to reach residents who, officials said, missed out on at least $2,000 last ...

Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a ...

Instead, those who are most likely to evade detection are the people trying to hide their income in tax shelters, shifting ...

However, over a dozen states received a higher check amount. Also known as the earned income credit (EIC), the amount you get ...

With the Internal Revenue Service now accepting 2024 tax returns some taxpayers are already counting down the days until they ...

If you're claiming a Child Tax Credit or Earned Income Tax Credit on your 2024 tax returns, you may get your refund later in ...

The EITC is “one of the federal government’s largest refundable tax credits for low- to moderate-income families,’ the ...

This year is the 50th anniversary of the Earned Income Tax Credit. IRS Senior Tax Consultant, LaVonnya Koening will be at The Center on Thursday, Jan. 30, from 10:45 a.m.-1 ...

The move is part of an ongoing effort to streamline financial support by merging various benefits like Tax Credits, Housing Benefit, Income Support, Jobseeker's Allowance, and Income-Related ...

The additional tax credit cannot be given to those who file a Form 2555 or Form 2555-EZ, excluding foreign earned income.

1 Common missed deductions include education credits, Child Tax Credits and Earned Income Tax credits. Additionally, taxpayers can offset gambling winnings with losses. A qualified tax ...

When applying for tax credit, or renewing your tax credit, there are some types of income you have to report – no matter how much you earn. These are: money earned through employment and ...