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.
It is important to consider that, if a return requires corrections or additional review, extra time will be needed to process it. After the IRS receives the ...
Some taxpayers may be able to claim the Earned Income Tax Credit of up to $7,830, that is refundable, meaning you can get it even if you paid less in taxes.
It’s now the norm for Americans to file their taxes online — the IRS reports that more than 90 percent of individual tax returns were e-filed in 2023, the most recent data available. Even most profess ...
Every year in January, the IRS dedicates a day to Earned Income Tax Credit (EITC) awareness. This tax credit, also known as the earned income credit (EIC) allows eligible people with low-to ...