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Around 50,000 Philadelphians miss out on the Earned Income Tax Credit despite being eligible. Officials want to change thatAround 50,000 Philadelphians miss out on the earned income tax credit each year, leaving some $100 million on the table, ...
With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act ...
The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...
The White House has released a list of its priorities, but increasing the child tax credit, something JD Vance has pushed for ...
The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...
The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...
The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...
President Donald Trump's executive orders have raised concerns over potential delays in tax refunds during the 2025 filing ...
Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...
More families qualify for the child tax credit, with its higher household income limit of $200,000 ($400,000 for married couples). Families receive up to $2,000 per qualifying child. To qualify ...
For tax year 2024, the EITC ranged in value from $632 to $7,380. For 2025, you can earn between $649 and $8,046. The Child and Dependent Care Credit helps to relieve the burden on taxpayers who ...
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