Top Maryland officials are partnering with a nonprofit research organization to plan a campaign encouraging all eligible ...

Gov. Phil Scott signed a tax credit package on Wednesday that is projected to provide $13.5 million in breaks for low-income workers, families, veterans and retirees.

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.

How It Could Affect Servers Under current law, every tip — cash, credit, debit or via the business’s electronic payment system — must be reported as income no matter the amount.

Learn how AIS and Form 26AS mismatches can lead to tax notices, scrutiny, and penalties. Understand common errors and ways to ...

Senate Parliamentarian Elizabeth MacDonough rejected Republicans' effort to exempt some religious schools, including Hillsdale College, from an income tax, as well as to deregulate gun silencers.

Tax credits, like the Child Tax Credit and Earned Income Tax Credit, help working parents afford childcare, transportation, and school supplies.

Senators also removed a provision that would have created a new income tax credit for some people who earned a Purple Heart – the decoration for service members who were wounded or killed in action.

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.