The 'One Big Beautiful Bill' (OBBB) is a cornerstone of President Donald Trump's domestic agenda. This legislative proposal aims to consolidate various tax cuts, including the permanence of the 2017 ...

As Congress sends its latest tax proposal to President Donald J. Trump, both the House and Senate versions of the One Big ...

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.

This bill will not balance the budget or reduce the deficit, but it will take food and healthcare from children and tax credits from working families.

A provision in the GOP tax bill to require the IRS to screen taxpayers before they take a popular tax credit is doomed in its current form after the Senate’s referee ruled the provision doesn’t adhere ...

Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.

Republicans want to change or reduce key social safety net programs that provide health care, food benefits and financial ...

Living paycheck to paycheck is tough, but it is increasingly the situation for families in Denver and across Colorado.

Per the IRS, approximately 23 million workers and families received $64 billion from the EITC. The average amount of EITC received nationwide in 2023 was $2,743.

The Child Tax Credit (EITC) helps raise awareness among the millions of hard-working, low- to moderate-income Americans who are eligible for the program. However, the Internal Reve ...

The Earned Income Tax Credit, or EITC, provides tax relief to millions of low- to moderate-income Americans, although the IRS estimates that one in five eligible taxpayers don’t claim it on ...

The Illinois EITC helps workers with low wages by reducing their taxable income. If the credit reduces their tax burden to less than zero, the extra money is refunded.