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

The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.

A provision in the GOP tax bill to require the IRS to screen taxpayers before they take a popular tax credit is doomed in its current form after the Senate’s referee ruled the provision doesn’t adhere ...

The way to achieve a decreased tax burden is by reducing your taxable income. The IRS offers various tax credits and ...

Buried in the "big, beautiful bill" is a provision that would require low-income Americans to pre-certify to get the Earned Income Tax ... got a $2,743 from the credit in 2023, per IRS data, the most ...

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 Committee ...

Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.