IRS’s Direct File Makes It Easier For Families To Claim Tax Credits
Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...
Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
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Should you claim a tax credit or deduction on your taxes?
A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...
Massachusetts workers may be eligible for this tax credit worth up to $7,830
The Internal Revenue Service has launched a campaign highlighting a tax break for Massachusetts workers worth up to $7,830.
AARP guide helps family caregivers learn if they're eligible for a tax credit | Opinion
The physical, emotional and financial toll of family caregiving is enormous. It is only fair that these dedicated individuals ...
$7,830 IRS credit: What to know about qualifying for the Earned Income Tax Credit
The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...
DeWine proposes tax increases for cigarettes, sports gambling and a new child tax credit
Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.
Nearly 1 in 5 eligible taxpayers miss this 'valuable credit' worth thousands, IRS says
Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, which was worth an average of $2,743 in 2023, according ...
The IRS tax credit of up to $8,000: see if you qualify to claim it
Some taxpayers may be eligible for a refundable credit of up to $8,000. Here are the requirements and how to apply.
Hotel Aiken added to national historic register, offering potential buyers tax credits
The Hotel Aiken was added to the National Register of Historic Places. Being added offers tax credits for potential buyers if ...
Millions of Americans are eligible for more than $12,000 in tax credits: Check if you are eligible for the super EITC
As tax season kicks off, many Americans are eager to uncover ways to maximize their refunds. One opportunity that stands out is the Earned Income Tax Credit (EITC), a federal benefit designed to ...
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Are you eligible for Illinois tax credits? $4M unclaimed, says Department of Revenue
Thousands of Illinois residents who are eligible for tax credits didn’t claim them last year, resulting in $4 million in ...