GOP lawmakers said the provisions provided needed economic relief for some industries, while they took fire from deficit ...

Trump’s mega tax overhaul, known as the ‘One Big Beautiful Bill,’ has distinct winners and losers. Which group do you fall ...

Advocates say new reports will help make their case for a CT child tax credit by emphasizing hefty tax burdens and a high cost of living.

Discover how the Earned Income Tax Credit (EITC) can significantly boost your financial situation. This tax credit is a vital resource for low- and moderate-income workers in the United States ...

Supporters of a new income tax credit for middle-class households with children couldn’t overcome Gov. Ned Lamont’s objections this spring, despite strong grassroots support and broad backing ...

And, again, the child tax credit is essentially a giveaway to people who don't pay taxes in the first place, like the earned income tax credit.

Discover whether retirement income qualifies as earned income. Learn about the sources of retirement incomes, the IRS guidelines, and tax implications.

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.

What Fresno families pay in taxes may be lower than you think. A study looks at what it takes to live comfortably and the ...

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.

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