Don't miss the June 16 IRS tax deadline for quarterly payments. Learn who needs to pay estimated taxes, what income it covers ...

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.

Rep. Matthew Willard, D-Orleans, has filed a bill proposing to double the state’s Earned Income Tax Credit for low- and moderate-income families. Currently, Louisiana taxpayers receive a state EITC ...

Eligibility for the state's working families tax credit is currently based on the federal earned income tax credit, but HB14 would allow the New Mexico Taxation and Revenue Department to directly ...

Federal law provides a child care tax credit for this type of expense related to working when earning certain levels of income and raising one or more children under age 13. Learn more at https ...

you must file a 1040 federal income tax return. Additionally, if you're claiming the credit for a qualifying child, you must include the Schedule EIC (Earned Income Credit) with your return.

WHY? Credits represent, in most cases, a dollar-for-dollar reduction in an individual's federal income tax. In some situations (e.g., Earned Income Credit and Child Tax Credit, which we tackled in ...

Filers claiming the earned income tax credit and the additional child tax credit will wait longer due to a federal law that requires additional checks related to identity theft. Staten Island ...

The House Commerce and Economic Development Committee voted 10-0 to advance HB 14, which would replace the Working Families Tax Credit, which supplements the federal Earned Income Tax Credit by ...

The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830. The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully ...

Workers who are paid low wages − and in many cases are trying to raise children on overstretched paychecks − can qualify for a financial boost by claiming the earned income tax credit on their ...