A reader wants to know how claiming universal credit will affect their income as assessed by a mortgage lender ...

You must have what qualifies as earned income and meet certain adjusted gross income (AGI) and credit limits. According to IRS statistics, in North Carolina, more than 800,000 workers and families ...

As session nears closing day, lawmakers negotiate $200 tax break for working poor with kids, but scrap middle class child tax ...

Policymakers have a number of options they can use to support work, many of which would be particularly beneficial at a time ...

U.S. President Donald Trump's signature tax break on tips promises relatively few upsides for low-income Americans, who face ...

Answer: Not at all! There is no age limit, so basically anyone can open a Roth IRA as long as they have "earned income." ...

A bill limiting the cost of taking out a small, short-term loan is on its way to Gov. Ned Lamont’s desk after receiving ...

Trump's budget bill puts major tax breaks for millionaires on our kids’ and grandkids’ credit cards, while giving relatively ...

The 2025 MAGI limits for deducting traditional IRA ... Opportunity Tax Credit and the Lifetime Learning Credit: Foreign earned income and/or foreign housing exclusion Foreign housing deduction ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, beautiful, bill." ...

Navigating the balance between working and receiving Social Security benefits can be tricky. While you can indeed work and ...