News

The federal adoption tax credit for the 2025 tax year (taxes generally filed in 2026) is worth up to $17,280 (up from $16,810 ...
According to the IRS, the average tax refund in ... It determines your income tax bracket, the amount of your standard deduction and whether you’re eligible for certain credits and deductions.
Trump’s ‘One Big Beautiful Bill’ could reshape the Earned Income Tax Credit by adding new eligibility requirements. While not eliminating the EITC, the changes may reduce access for low-income ...
The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...
The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
How American Expats Can Receive the Child Tax Credit and Additional Child Tax Credit Overseas Raising kids is one of life’s greatest rewards but yes, let’s be realistic, it’s expensive. […] ...
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
Living overseas won’t let you off the hook from certain tax obligations, as you’re still required to file a tax return with ...
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...
Not file your taxes yet? It’s not too late to claim your 2024 IRS tax refund. Here's who qualifies and how to get it done.
Blocking CTC and EITC for unauthorized workers could save the U.S. $28B by 2034, according to the CBO, aiming to tighten loopholes and cut the deficit.