The North Dakota State Tax Commissioner reminds North Dakotans of property tax credits that can help make the tax season a ...

The Earned Income Tax Credit (EITC) is a valuable financial tool for low to moderate-income workers in the U.S. This ...

Navigating the complexities of the Premium Tax Credit can be daunting, but understanding who qualifies is the first step ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

Grandchildren and nieces or nephews are also eligible to be claimed as dependents for the EITC. To claim a child for the earned income tax credit, your child must live in the same home as you in ...

Qualifying individuals are defined as follows: If you meet all of the eligibility criteria, you can net the full value of the Child Tax Credit for each qualifying child as long as your annual ...

The push for electric vehicles (EVs) as a sustainable alternative to traditional internal combustion engine (ICE) vehicles has led governments worldwide to introduce tax credits and incentives to ...

While you get your tax information together this year, make sure you know which tax credits you are eligible for. Here’s what you need to know about tax credit qualifications and how to properly ...

Languages: English A new bill looks set to change the rules around the child tax credit, potentially causing millions of Americans to no longer be eligible. HR 547 would amend the Internal Revenue ...

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum of $3,600 per child during the pandemic, but double that of tax year 2016.