Oklahoma Democratic Leader files legislation increasing tax credits, minimum wage
The Democratic leader also introduced a bill this session which would increase the state’s minimum wage from $7.25 an hour to ...
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Warren Buffett Says 40-Hour Workers Deserve a Decent Life
Warren Buffett suggests that working 40 hours a week should provide a decent living but cautions against raising the minimum ...
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 ...
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Around 50,000 Philadelphians miss out on the Earned Income Tax Credit despite being eligible. Officials want to change that
Around 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, ...
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EITC can increase your IRS tax refund: How to apply?
The Earned Income Tax Credit (EITC) is a significant opportunity for eligible taxpayers to receive up to $7,830, providing ...
1 in 5 taxpayers are missing out on thousands with this tax credit
The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out ...
When is my tax refund coming in 2025? Some will take longer
The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. The ...
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Income tax rates for individuals
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
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How to claim this often unused tax credit worth up to almost $8,000
The 2025 tax season has officially begun, and while Americans are looking to get the most out of their returns, the Internal ...
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Worker credits to increase in 2025: IRS
The IRS is set to increase the Earned Income Tax Credit (EITC) for the 2025 tax year, offering enhanced financial support to ...
1 in 5 people are missing out on Earned Income Tax Credit worth $7,830; here’s what to know
If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...