The legislation, enacted on July 4, 2025, increases the maximum credit from $2,000 to $2,200 per child and indexes the amount ...

Discover the evolving landscape of the Earned Income Tax Credit (EITC) in 2025. Learn who qualifies, the impact of new legislation, and how these changes affect low to moderate-income workers.

President Donald Trump’s big bill phases out energy tax credits for developers and homeowners, significantly speeding up ...

The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.

For 2025, families with three or more children can receive up to $8,046 through the credit. Single filers can claim the maximum amount with adjusted gross income up to $61,555, while married couples ...

The bill could potentially impact up to 4 million tipped workers and roughly 97.7 million overtime-eligible employees.