October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

The Council of the District of Columbia voted to become the first city in the United States to implement a local child tax credit this week. The Council passed a resolution on Tuesday that separated ...

The Internal Revenue Service recently boosted the earned income tax credit for 2026, potentially increasing refunds for low-income families. The IRS adjusts tax brackets and filing requirements based ...

The federal child tax credit (CTC) is a key benefit that helps families offset the costs of raising children. For years, data show that the CTC has provided tax relief to millions of households, with ...

Parents could see a bigger refund next year thanks to updates to the Child Tax Credit and other family-friendly IRS changes taking effect in 2026. The Child Tax Credit rises to a maximum of $2,200 per ...

Claiming family tax credits is a must if you're eligible. Not only can family tax breaks lower your tax liability, but they may even increase your refund. However, which credits you qualify for can ...

The child tax credit is a return parents and guardians receive in their taxes annually for every child under the age of 17 in their care. Stepchildren, foster children, half siblings and descendants, ...

Social media can be a great place to connect with like-minded people and discover new dinner recipes, but it's not the best place to get your tax advice. In a recent update, the IRS said it’s already ...

Just when you thought you knew your federal income taxes, here comes a curveball: Key tax breaks are disappearing in 2026. During his first presidency, Donald Trump signed the Tax Cuts and Jobs Act ...

This week marks the end of the federal EV tax credit. The shift is expected to ripple through buyers’ wallets and dealership balance sheets alike. Yet for many dealers, the financial squeeze started ...

Since 2022, the IRS has witnessed a concerning surge in refund claims. The most recent of these stems from deceptive social media posts and individuals pretending to be tax experts, luring ...

Electric vehicle purchases have long been eligible for a federal tax credit of up to $7,500. That is changing on Sept. 30 thanks to the One Big Beautiful Bill Act, which eliminated the credit. However ...