The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

The bill to exempt tips from federal income tax, an idea that President Donald Trump campaigned on, will now go to the House of Representatives for a vote.

In this report, the Volunteer Income Tax Assistance (VITA) program is examined and investigates the challenges and ...

Democratic leaders are cautiously optimistic about one popular tax-cutting idea: A $150-per-child tax credit, up to $450 per ...

Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many families from claiming millions ...

That’s why a proposal like the Tax Cut for Workers Act, introduced by Sen. Catherine Cortez Masto, is so important. It recognizes that supporting workers without children is part of how we support ...

Millions still waiting on IRS tax refunds in May 2025. Here are four common reasons for the delay and how to fix them.

Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

Washington residents must apply by Dec. 31, 2025, to receive up to $1,200 through the Working Families Tax Credit.