News

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...
The credit itself isn’t new. It was created in 1997 and has always been meant to help struggling families. Before 2021, though, the credit was worth up to $2,000 per eligible child.
This version of the budget bill would contribute to an average net gain of $12,000 to wealthy families and a $1,600 net loss ...
If you haven’t filed your 2021 tax returns you might be missing on a COVID stimulus payment. Taxpayers who haven’t filed 2021 tax returns who may be eligible for the Recovery Rebate Credit ...
In 2021, the federal government offered a $3,600 expanded child tax credit, but many parents may have been unaware of the credit and missed out on the payment if they didn't file.. They now have ...
Supporters of tax breaks for wind and solar are fighting to retain them in the G.O.P. tax bill. They’re facing a conservative ...
The recovery rebate credit amounted to up to $1,400 per person when claimed on 2021 federal income tax returns. Or it was up to $2,800 for a married couple filing jointly.
Over one million Americans have not filed their 2021 tax returns, leaving over $1 billion in unclaimed refunds. Nearly 70,000 Floridians are owed a median refund of $732, totaling $61 million ...
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...
Since 2021, 19 states have added new film tax credits or expanded their existing ones in hopes of taking advantage of the rebounding economy after the pandemic’s peak.
More than a million Americans are yet to file their 2021 return and get their share of $1 billion in unpaid tax refunds, but the IRS (Internal Revenue Service) has warned that the deadline is fast ...
Many low- and moderate-income workers may be eligible for the earned income tax credit (EITC), which for 2021 was worth as much as $6,728 for taxpayers with qualifying children.