News

Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created Child Tax Credits or Earned Income Tax Credits.
The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this valuable tax credit.
According to the ordinance, if a volunteer’s earned income tax liability is less than the amount of the tax credit, the credit will be equal the individual’s tax liability.
NO ONE likes handing over their hard-earned money to the taxman – but could you be giving away too much? You don’t need to be ...
ITAT Chennai held that deduction under section 80P(2)(a)(i) of the Income Tax Act is admissible to Regional Rural Banks. Accordingly, appeal of revenue dismissed and order of CIT(A) ...
New Mexico parents with school-age children will have the chance to stock up on school clothes and supplies this weekend for a little less money, as the state’s annual gross receipts tax holiday takes ...
Filers can itemize deductions; claim the earned income tax credit, child tax credit and student loan interest; and report income from stocks, crypto and other investments, rental properties ...
Top Maryland officials are partnering with a nonprofit research organization to plan a campaign encouraging all eligible Maryland tax filers to claim their Earned Income Tax Credits (EITCs). “It ...
The overtime-related tax break covers all of 2025 — meaning you could get a tax break when you file your 2025 income tax ...
Those include the Earned Income Tax Credit and the Oregon Kids Credit. The state offers the following list of phone numbers, emails and websites for people seeking tax help: ...
Brex reports that a business credit card can help separate finances, build credit, and offer rewards, but requires ...