The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The IRS estimates one in five eligible taxpayers don't claim the earned income tax credit on their tax returns, missing out ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

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

The federal government already offers parents a child tax credit of up to $2,000 per child when they file federal tax returns ...

Jones’ announcement comes after Democrats proposed even more generous breaks, a $200 child tax credit for all children under ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...

The Democratic leader also introduced a bill this session which would increase the state’s minimum wage from $7.25 an hour to ...

Child advocacy group Groundwork Ohio praised the budget proposal’s “commitment to Ohio’s youngest children,” and pointed to ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. Tax credits directly reduce the federal income taxes that you owe, and they ...