Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...

There are other tax changes happening next year that could put more money in your paycheck. If you collect Social Security, ...

The Earned Income Tax Credit (EITC) offers a significant financial boost to low and moderate-income workers and families. By ...

The actual credit is a percentage of those expenses. See IRS Publication 503 for the formulas. Having a child could make you eligible for the Earned Income Tax Credit. If you have one child and ...

The Earned Income Tax Credit (EITC) can reduces how much you owe in taxes or boost your refund by thousands of dollars . But whether you can take the credit depends on your filing status and your ...

The COLA is also applied to how much of a contributor’s income is liable for Social Security taxes. Although the 12.4 percent tax on workers’ earnings is still in place, the maximum work ...

CNBC's Senior Personal Finance Correspondent Sharon Epperson explains the earned income tax credit. Donald Trump's victory formalized in front of a Congress led by Kamala Harris I'm a sommelier.

state-based earned-income tax credits help low-paid workers and improve state tax codes. Interestingly, the ITEP study concluded that California’s tax burden is actually lower for the bottom 40% ...

Internal Revenue Service. "Earned Income and Earned Income Tax Credit (EITC) Tables." Internal Revenue Service. "Disability and the Earned Income Tax Credit (EITC)." Internal Revenue Service.

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

Hyundai Motor Group electric vehicles, including Kia and Genesis models, now qualify for the $7,500 EV tax credit for the first time. The Korean auto giant now has five eligible EVs as it looks to ...

and higher income people tend to be the ones to buy luxury vehicles like these. Also, there’s the question of how long the tax credit will be available. The incoming Trump administration ...