News

T he Earned Income Tax Credit (EITC) is a crucial financial resource for many families across the United States. Each year, it provides a much-needed tax break for low- and moderate-income workers ...
When it comes to supporting families through tax policy in America, two tax credits do the heavy lifting: the Earned Income ...
For the tax year 2024, the same portion of the earned income tax credit is available for filers with three or more qualifying children with an adjusted gross income up to $59,899 if single and ...
Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating marriage penalties and providing more support to low- and middle-income fami… ...
You can do it for the last few years, because this year you can backfile your 2021 earned income tax credit. “Help people pay their back bills,” Mayor Tom DeVivo, (D) Windham, said.
The Internal Revenue Service started accepting income-tax returns on Jan. 27, opening the spigots of refund money shortly thereafter. But taxpayers who claimed the Earned Income Tax Credit or the ...
What is the IRS income tax refund schedule? This depends on when you file and how you file. Most refunds are received within 21 days for electronic filing, unless you claim earned income credit.
Illinois expanded its earned income tax credit in 2024, giving low- to moderate-income workers a bigger break on their 2023 state income tax filing. But many taxpayers who receive the federal EITC ...
Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana taxpayers receive a state EITC ...