There are 32 states, red and blue, who offer some version of an Earned Income Tax Credit, or EITC. Pennsylvania isn’t one of ...

Lord Mervyn King, who was Chancellor Rachel Reeves's boss when she worked at the Bank of England, said politicians should be ...

Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...

“All of these tax credits offer a way for low-income families in Hawai‘i to claim money they are entitled to receive,” Zysman ...

The Mississippi Senate has voted to pass a tax cut that reduces the state income tax and the sales tax on groceries while ...

Of the states most Americans are moving to, 4 of 5 have a flat or no income tax. The states losing the most residents? There ...

President Trump has indicated he’d like to do away with the federal income tax, replacing it with tariffs and other taxes on ...

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

More than 850,000 farms and ranches nationwide have a lower tax bill under the Section 199A qualified business income ...

Tax season is among us, and we’re all looking for ways to maximize our refunds this year. With the new Illinois Tax Credit, ...

Tax Talk explains individual income tax credits. Refundable can bring a tax liability to zero. Non-refundable can't generate ...