Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...
Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...
Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, or EITC, which averaged $2,743 in 2023, according to the ...
A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...
Filing taxes for the first time—or even after years of doing so—can feel overwhelming. With new tax laws, updated filing ...
Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.
The EITC is “one of the federal government’s largest refundable tax credits for low- to moderate-income families,’ the ...
The official start of tax season is here. According to the IRS, taxpayers in 25 states were able to start filing on Jan. 27 ...
The Internal Revenue Service has launched a campaign highlighting a tax break for Massachusetts workers worth up to $7,830.
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 ...