Senate Republicans are divided on how to cut the cost of House-passed legislation, with proposals including Medicare, the Defense Department and the Fed.

If your income is fairly consistent, you could look at your tax bill from last year and submit a quarter of it the IRS every threee months. If your income varies, though, look at how much you ...

Lt. Gov. Winsome Earle-Sears unveils “Axe the Tax” plan to end Virginia’s car tax and tax on tips, citing strong state finances and bipartisan appeal.

Charles Rangel spoke at a news conference outside the Bronx County Courthouse in 1985. Among those with him was David Dinkins, left, shortly before he became Manhattan borough president. A ...

The lawmaker has revealed plans to reduce income taxes by expanding the state's Child Tax Credit and Earned Income Tax Credit. She also wants to close tax loopholes and pass those savings on to ...

Montanans also receive a state-level earned income tax credit that equates to 10% of the federal earned income tax credit. HB 337 raises that ratio to 20%.

If you claimed the Earned Income Tax Credit or the Additional Child Tax Credit, you can expect to get your refund by Feb. 27 -- this is if you file your return online, select to get your refund by ...

Tax season started in late January and, for most people, the last chance to file a 2024 federal tax return without facing penalties will be Tuesday, April 15, 2025, at midnight local time.

Under the proposed law, if a taxpayer qualifies for a federal earned income tax credit of $1,000, they would receive a state EITC of 10% of that amount or about $100. If the taxpayer owes $30 in state ...

Despite the turmoil at the I.R.S., tax returns are still due on April 15. And, yes, there are still options for lowering last year’s taxable income. By Ann Carrns Tax day is nearly here. If you ...

This week, we celebrate 50 years of the federal Earned Income Tax Credit (EITC) and the impact it's had on millions of workers and families. In 2023 alone, the latest year of available data, the ...

The bill’s main provision, to replace the state’s Working Families Tax Credit with a new Earned Income Tax Credit, survived the conference committee and will, if the bill passes, increase the ...