As tax season kicks off, millions of Americans are preparing to file their returns. With the potential to significantly ...

U.S. citizens should be aware of the potential financial boost from the IRS's Earned Income Tax Credit (EITC). This credit ...

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 ...

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

Texans can track their refund status using the "Where’s My Refund?" tool on IRS.gov. The tool updates once a day and provides ...

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

On this week's episode of the Forbes Tax Breaks Podcast, Forbes Senior Writer and tax attorney Kelly Phillips Erb discusses the removal of IRS documents related to DEI initiatives, the impact of the ...

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 ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.

As tax season approaches, Illinois residents are encouraged to explore potential tax credits that could reduce their tax ...

Even if you didn’t pay excess tax, you may still get a refund if you qualify for a refundable credit, like the Earned Income ...