The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...

The Earned Income Tax Credit (EITC) is a significant opportunity for eligible taxpayers to receive up to $7,830, providing ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

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.

Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

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

Missouri lawmakers have begun to consider bills to further one of Gov. Mike Kehoe's biggest priorities -- cutting taxes. A committee on Tuesday considered a bill that would implement a flat income tax ...

Tax season may never be seen as fun, but this year provides Washington a perfect opportunity to make it less confusing.

A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...

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