About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...
Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...
CNBC's Megan Casella joins 'Closing Bell Overtime' with breaking news on tariffs. The IRS says 1 in 5 eligible taxpayers miss ...
This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire.
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 ...
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 ...
Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...
Thousands of Illinois residents who are eligible for tax credits didn’t claim them last year, resulting in $4 million in ...
Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...
As the 2025 tax season approaches, U.S. taxpayers have the opportunity to claim the Earned Income Tax Credit (EITC), ...
Both federal and state tax returns for 2024 must be filed by April 15, 2025. Those unable to meet that deadline can file for ...