New Colorado Tax Credit: What’s the Scoop?
Did you know Colorado has over 30 state tax credits? This filing season, you may qualify for another: the family ...
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
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Better for babies: Dueling plans for family finances among MN lawmakers
Raising kids can be incredibly rewarding, but it’s an expensive proposition. Minnesota lawmakers are searching for ways to ease the financial burden.
These States Have The Lowest Taxes on Food. Is Yours on The List?
Several states tax grocery store purchases and some let their local governments tack on an additional grocery tax as well. Do you live in one of them?
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 on claiming the credit.
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Trump’s Proposed $5,000 Child Tax Credit: Analyzing Various Approaches
President Donald J. Trump’s proposal for a $5,000 Child Tax Credit (CTC) has sparked interest, though details remain scarce ...
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Many don't know they can claim valuable tax credit worth up to $7,830 for some families
Many who overlook the earned income tax credit end up leaving good money on the table by not filing a tax ... and the size of your family. You need to have worked in 2024. The IRS has four tests ...
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New to filing taxes? Six questions to answer before you start your return
"They make under the IRS income threshold, but they are leaving money on the table ... on your return. Tax deductions can lower your amount of taxable income, while tax credits can reduce ...