Recent legislation includes several new deductions and credits that may reduce tax bills or increase refunds, the IRS announced on Jan. 6. Beginning in 2025, to be eligible to claim certain credits ...

Families who struggle to stretch small paychecks far enough to cover a few children may be able to qualify for an extra-large income tax refund. And many could be shocked at how much extra cash we're ...

Now that it’s tax prep season, you could increase your refund by hundreds of dollars thanks to a commonly overlooked tax credit. The earned income tax credit is designed to benefit workers, said Julio ...

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, or EITC, which averaged $2,916 for 2024 returns, according to the IRS. For tax year 2025, the maximum EITC is worth up to $8,046 for ...

The 2026 tax season will open on Monday, Jan. 26, and if you qualify, you'll see a boost in the Earned Income Tax Credit, or EITC. More than 23 million families and individuals qualify for the EITC ...

As tax season ramps up, elected officials and advocates are highlighting a new state tax credit that can put hundreds of dollars into the pockets of working families this year. Close to 1 million ...

As you sort through your taxes before filing this year, don’t forget that you could be eligible for certain credits and deductions. And note that there are some new breaks you might qualify for, too.