The proposal would expand the top end of the state's second-lowest tax bracket to $50,480 for single people and $67,300 for ...

Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating ...

President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes would require parents to jump through new hoops starting in 2028 before ...

Twenty-three million families rely on the earned income tax credit for financial survival. New legislation could force them ...

The Senate Committee on Finance argues that its proposal of changes to the bill "prevents the largest tax hike in history." ...

Economic Security Illinois (ESIL) says Governor Pritzker’s signing of the Illinois state budget, which includes an expansion of the state’s child tax credit, is a ...

Senate Republicans’ tax and spending cut bill makes many of the core elements of their 2017 tax cuts permanent but scales back additional cuts from what the House passed. The Senate Finance ...

The Senate is beginning to consider Republican leadership’s tax and budget reconciliation legislation. Follow this space for ...

H.R. 1, the so-called “One Big Beautiful Bill Act” now before Congress, would make deep cuts to programs that keep our ...

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT cap amount is “the subject of continuing negotiations.” ...

Foreign tax credit is a key relief for Indian taxpayers with foreign income, but ambiguities in domestic laws and DTAAs remain. To avoid litigation, taxpayers must closely examine both domestic tax ...