News

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
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 ...
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
The way to achieve a decreased tax burden is by reducing your taxable income. The IRS offers various tax credits and ...
Today in Ohio podcast dissects how the proposal to stop taxing tips could harm low-income workers by threatening crucial tax credits while creating loopholes for the rich ...
Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...
To qualify, you need "earned income," or wages from work. The income phase-outs depend on your " qualifying children," based on four IRS tests.
These legitimate, government-supported strategies are designed to stimulate investment in key areas of the economy.
Federal taxpayers who earn income not subject to withholding may need to make estimated tax payments during the year.
Senate Parliamentarian Elizabeth MacDonough responded to several challenges Senate Democrats made to provisions in the bill.
As the Senate considers House Republicans’ “big beautiful” bill, here’s why families would get more or less money depending ...