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The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
A new provision in former President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move ...
Your earned income in 2024 should be less than $66,819. Your investment income in tax year 2024 should be less than $11,600. You’ll need to have had a valid Social Security number by the due ...
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 ...
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 ...
This bill will not balance the budget or reduce the deficit, but it will take food and healthcare from children and tax credits from working families.
There are also concerns that the new policy "would incentivize employers to keep base wages stagnant" as well as impact workers' "eligibility for other programs, such as the child tax credit and ...
Senate and House Republicans’ big beautiful spending bills could boost the child tax credit. Here’s who could benefit.
Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.