Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
Trump’s tariffs won’t hit all Americans equally. Here’s who gets hit the hardest
Lower-income Americans are likely to feel the brunt of the unprecedented tariffs President Donald Trump has set in motion.
CT Senate GOP: Cut income tax, freeze state employee wages
In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...
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Are Tips Taxable Income? Everything to Know When Filing Your Return
Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...
$7,830 IRS credit: What to know about qualifying for the Earned Income Tax Credit
The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...