Even tax threshold changes in the last few years are biting due to the recent period of much higher inflation. The income tax ...

The bill, introduced Tuesday by Reps. Mike Carey, R-Ohio, and Danny Davis, D-Ill., would expand eligibility for the Earned Income Tax Credit to workers over the age of 65.

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… ...

Who does 'no tax on tips' apply to? This tax break would apply to those who "traditionally and customarily received tips on or before December 31, 2023," per the bill, which includes "waiters ...

Through Feb. 14, the average had been just $2,169, but has increased dramatically now that the IRS has begun issuing refunds to taxpayers who claimed the Earned Income Tax Credit or Additional ...

The "One Big Beautiful Bill Act" could make it harder to claim a low-income tax credit. If enacted as written, the House-approved measure would require precertification for each qualifying child ...