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

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

President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...

Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

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

Senate Parliamentarian Elizabeth MacDonough responded to several challenges Senate Democrats made to provisions in the bill.

The proposal also calls for expanding the EITC to workers ages 65 and 66 — currently ineligible for the tax credit. It is projected to affect about 300,000 workers in the older age group.

Wondering why is my tax return so low this year? Learn the most common reasons for smaller refunds and steps you can take to ...

These legitimate, government-supported strategies are designed to stimulate investment in key areas of the economy.