And as people get started on their filings, the Internal Revenue Service (IRS) is urging taxpayers to get a closer look at an oft-overlooked — and potentially useful — tax credit.
Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how to claim it on taxes.
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...
The 2025 tax season has begun, with the IRS accepting returns. Refunds may be delayed for those claiming certain credits. The ...
Many who overlook the earned income tax credit end up leaving good money on the table by not filing a tax return to claim the credit. The IRS estimates that one in five eligible taxpayers misses ...
Tax season is underway. The IRS has debuted a new online tool to help taxpayers check the status of any refund they may be ...
The Internal Revenue Service and partners around the nation celebrated the 50th anniversary of the Earned Income Tax Credit (EITC) on Friday with the launch of this year’s ...
In Kentucky, more than 352,000 workers and families received about $967 million total in EITC for tax year 2023.
The IRS has made its annual inflation adjustments for more than 60 tax provisions, including tax rate schedules and the ...
Instead, those who are most likely to evade detection are the people trying to hide their income in tax shelters, shifting ...
A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.