When it comes to supporting families through tax policy in America, two tax credits do the heavy lifting: the Earned Income ...

Discover how the Earned Income Tax Credit (EITC) can significantly boost your financial situation. This tax credit is a vital resource for low- and moderate-income workers in the United States ...

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.

A lower income can also open the door to valuable tax credits and deductions. You might now qualify for the Earned Income Tax Credit, the Child Tax Credit or the Child and Dependent Care Credit.

How It Could Affect Servers Under current law, every tip — cash, credit, debit or via the business’s electronic payment system — must be reported as income no matter the amount.

Senate Parliamentarian Elizabeth MacDonough rejected Republicans' effort to exempt some religious schools, including Hillsdale College, from an income tax, as well as to deregulate gun silencers.

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.

The maximum child tax credit is getting a $200 boost, but millions of families still won’t benefit.