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This article will help individuals navigating their divorce obtain answers to common tax questions and will outline often-overlooked assets to be aware of during a divorce.
EITC program: The Senate Finance Committee version of the bill proposed creating an earned income tax credit (EITC) certification program to allow the IRS to detect and manage duplicative EITC claims.
Credit card issuers want to know your income to make sure you’re able to keep up with minimum payments on your credit card, as required by federal law.
President Donald Trump’s “big beautiful” bill could make it harder to claim the earned income tax credit. Here’s who could be impacted.
Ace the enrolled agent exam with expert practice questions covering tax law, IRS representation, and more. Boost your confidence—and your EA exam scores.
Learn how Form 67 helps resident taxpayers claim Foreign Tax Credit (FTC) and avoid double taxation on foreign income under Sections 90 and 91 of the IT Act.
Learn how income from selling shares is taxed under the Income Tax Act. Understand capital gains, short-term and long-term tax rates, set-off rules for losses, and how to file your ITR with ease.
Elon Musk’s team is leading an effort to link government databases, to the alarm of privacy and security experts.
Any excess credit beyond a taxpayer’s liability is refunded. 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 ...
The IRS marks 50 years of the Earned Income Tax Credit, which helps millions of working families. Learn how to qualify and claim it.
The bill's main provision, to replace the state's Working Families Tax Credit with a new Earned Income Tax Credit, survived.