President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...

Scott and legislative Republicans have long pushed for exempting military pensions from income taxes. This year, lawmakers in all parties signed on to a significant exemption.

Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating ...

A bill intended to challenge and end the ability of other states to tax income earned by Connecticut residents on days they ...

An interview with George Dimov, the CPA building a nationally trusted firm for tech professionals, global earners, and remote ...

The GOP’s plan to eliminate taxes on tips masquerades as help for service workers, but in reality, it strips away crucial tax credits and opens the door to exploitation, benefiting the wealthy far ...

ITAT Lucknow held that commission earned by Cane Development Councils or Cooperative Cane Development Unions from sugar mills on supply of sugar cane is business income and hence eligible for ...

Families would also have to meet tighter standards to qualify for the earned income tax credit, a major anti-poverty program that reached 23 million tax filers in 2022.

Whenever lawmakers start carving up benefit programs, women raising children alone are always the first to feel the pain.

The exact amount of the credit depends on your adjusted gross income (AGI) — the higher your income, the smaller the tax credit.. Here’s what you need to know about how the child and dependent ...