As tax season kicks off, millions of Americans are preparing to file their returns. With the potential to significantly ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The EITC is designed to help low to moderate-income workers by reducing their tax liability and often increasing their ...

As the 2025 tax season begins, understanding the Earned Income Tax Credit (EITC) can significantly enhance your financial ...

The state began accepting tax returns Jan. 27, and eligible taxpayers can use a free direct file program this year, the Illinois Department of Revenue reported in a Jan. 15 press release. To be ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

The United Way of Greater Nashville announced the opening of a free tax prep site in Clarksville, starting February 7, 2025.

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

One Simple Shift That Could Save You Thousands This Tax SeasonPicture this: It's February, and you're staring at your W-2.

The Internal Revenue Service and partners around the nation recently celebrated the 50th anniversary of the Earned Income Tax Credit (EITC) with the launch of this year’s Earned Income Tax Credit ...

The Illinois Earned Income Tax Credit (EITC) is a benefit for working people with low to moderate income. To claim an Illinois EITC for tax year 2024 (tax returns due in 2025), taxpayers must file an ...