The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

Americans with a Roth IRA, or individual retirement account, and who plan to retire abroad may want to consider some risks.

The Democratic leader also introduced a bill this session which would increase the state’s minimum wage from $7.25 an hour to ...

A custodial Roth IRA is a retirement account for minors that allows for tax-free growth. It provides all the benefits of a regular Roth IRA, but it’s geared toward kids and requires an adult to set up ...

Around 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, ...

The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. The ...

Workers who are paid low wages − and in many cases are trying to raise children on overstretched paychecks − can qualify for ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

The earned income tax credit is one of the most valuable federal credits available to working families. It’s designed to help low-income to moderate-income workers get a tax break and pocket ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

The earned income tax credit, or EITC, is a tax break that can enable low- to moderate-income working families save thousands at tax time. Whether you can claim, however, depends on your filing ...