News

When it comes to supporting families through tax policy in America, two tax credits do the heavy lifting: the Earned Income ...
Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created ...
Understanding tax bonuses, credits, and deductions can help you maximize your refund. Learn how each affects your bottom line ...
The Earned Income Tax Credit (EITC) is a lifeline for low to moderate-income workers, offering financial relief regardless of tax liability. With the potential for a refund, it supports those earning ...
The earned income tax credit (EITC) is a valuable tax credit that many taxpayers normally miss. Historically, 1 in 5 eligible Americans don’t claim the EITC, prompting the Internal Revenue ...
Currently, the EITC begins to phase out at higher income for married families ($25,000 for married tax filers versus $19,000 for singles), but not enough to reduce marriage disincentives.
The EITC helps the working poor, and is one of the most successful anti-poverty programs we have. Lamont and other politicians should view the EITC as an investment in the people of Connecticut.
States would need to opt in to the federal program which, starting in 2027, will provide a tax credit for individuals who ...
One in five EITC filers don't take advantage of tax credit. March 26, 2012 — -- While the Earned Income Tax Credit assists families with children who have lower incomes, helping reduce the ...
The Earned Income Tax Credit is one of the country’s most effective anti-poverty policies, but it mostly leaves out a huge segment of workers: those without children.
Senators Brown (D-OH) and Cortez Masto (D-NV) want the IRS to increase EITC participation by delivering the credit automatically to some. New research shows that other methods have not worked well.
The earned income tax credit (EITC) can provide targeted tax benefits to low- and moderate-income families during a recession. It would provide a bigger bang for the buck than a payroll tax cut.