The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...

If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

(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 ...

Around 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

The EITC is “one of the federal government’s largest refundable tax credits for low- to moderate-income families,’ the ...

In support of the health of our patients and communities, as well as the stability of the entire health care system, the AHA urges Congress to extend the enhanced premium tax credits.

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Federal tax credits have played a significant role in making cleaner transportation more affordable, offering up to $7,500 in savings for eligible EVs. These credits depend on factors like battery ...

Council President Stewart to discuss Montgomery County's new legislation on tax credits, surveillance tech, and environmental ...