Some taxpayers may be eligible for a refundable credit of up to $8,000. Here are the requirements and how to apply.

The IRS offers a significant tax credit for low to moderate-income workers, potentially providing up to $8,000. This credit, known as the Earned Income Tax Credit (EITC), can substantially reduce your ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

Thousands of Illinois residents who are eligible for tax credits didn’t claim them last year, resulting in $4 million in ...

About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

Both federal and state tax returns for 2024 must be filed by April 15, 2025. Those unable to meet that deadline can file for ...

The Virginia House and Senate money committees presented their versions of the proposed budget. Notably absent from either ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

CNBC's Megan Casella joins 'Closing Bell Overtime' with breaking news on tariffs. The IRS says 1 in 5 eligible taxpayers miss ...