In passing a tax bill to forestall the "fiscal cliff" -- the overnight rise of a wide array of taxes combined with deep spending cuts -- lawmakers agreed to extend past expansions of the Earned ...

Obama expands earned income tax credit for 2009 and 2010. Expanding the earned income tax credit is a somewhat obscure point of tax law, but it's part of President Obama's stated.

LANSING, Mich. — When Michigan enacted a tax credit for low- to moderate-income individuals and families nine years ago, it was an unmistakably bipartisan, united step.

The "One Big Beautiful Bill Act" could make it harder to claim a low-income tax credit. If enacted as written, the House-approved measure would require precertification for each qualifying child ...

The top 0.1% of earners stand to gain nearly $390,000 on average in after-tax income in 2026, while Americans making between about $17,000 and $51,000 would lose about $700.

The "One Big Beautiful Bill Act" could make it harder to claim a low-income tax credit. If enacted as written, the House-approved measure would require precertification for each qualifying child ...