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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.
The federal adoption tax credit for the 2025 tax year (taxes generally filed in 2026) is worth up to $17,280 (up from $16,810 ...
Vermont state officials are hoping a new tax credit will make them more attractive to military veterans and their families.
In this economy, losing a job is especially rough, and if you’re one of the many people laid off this year or collecting ...
The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend ...
As Congress sends its latest tax proposal to President Donald J. Trump, both the House and Senate versions of the One Big ...
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...
Scott held a public signing ceremony of bill S.51, titled “An act relating to Vermont income tax exclusions and tax credits.” It exempts military retirement income up to $125,000 from state taxes. The ...
In addition to a smaller boost in the child tax credit, the bill adds restrictions to the earned income tax credit (EITC), another tax break geared to help low-income workers.
Tax credits, like the Child Tax Credit and Earned Income Tax Credit, help working parents afford childcare, transportation, and school supplies.
The parliamentarian ruled that a provision making it easier to get silencers and certain types of guns is irrelevant to the ...
That represented a change from previous policies, which allowed eligible people to file their taxes and claim the Earned Income Tax Credit without providing proof of eligibility.