Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out on claiming the credit.
IRS says claiming the Child Tax Credit or EITC could delay your tax refund payment
While the IRS says most refunds will be sent within 21 days of receiving a tax return, that’s not the case for those who claim the Additional Child Tax Credit or the Earned Income Tax Credit. That’s because the Protecting Americans from Tax Hikes (PATH) Act forbids the IRS from issuing refunds before mid-February to anyone who claimed either of those credits.
Claimed Child Tax Credit when filing taxes? Here’s the soonest you can expect your refund
A taxpayer who submits an electronic return with the direct deposit can expect to receive their money within 21 days.
Tax season 2025: Claiming a Child Tax Credit? Here’s how long it’ll take to get your refund
If you're claiming a Child Tax Credit or Earned Income Tax Credit on your 2024 tax returns, you may get your refund later in the season than other filers — even if you filed first. Here's why.
Child Tax Credit: What to expect for your 2024 tax refund
As tax season kicks off, understanding the nuances of the child tax credit can help you better manage your expectations for your refund.
Ohio awards $26 million in tax credits to 14 film, TV projects
The Ohio Department of Development announced the recipients, which include feature films and a WWE event to be shot in ...
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Colorado parents, this new state tax credit could net you thousands of dollars
The family affordability tax credit provides eligible families with tax credits of up to $3,200 per child under 6 and up to ...
Tax Credit Applications Available In Cheshire
Applications for tax credits for qualifying residents will be taken at the assessor's office beginning Feb. 3. Read details ...
The EV Tax Credit Quandary In The Era Of Trump
The current system, established under the Inflation Reduction Act, offers up to $7,500 in tax credits for new EVs and up to ...
Downtown Columbus projects among proposals landing 'transformative' state tax credits
A state agency approved tax breaks Monday for three major Columbus projects, two of which will dramatically reshape Downtown.
Virginia car tax credit hits dead end before Senate panel
At the crack of dawn on Tuesday, a Democratic-led Senate subcommittee rejected or delayed several of Gov. Glenn Youngkin’s ...
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West Virginia’s vehicle personal property tax credit: How it works for leases
As the state rolls out its Motor Vehicle Property Tax Adjustment Credit this year, people who lease vehicles will have a different experience from those who own them. The credit is for the personal ...
IRS Issues Six Points of Advice To Tax Filers
Tax season is now in full swing and the government agency has several helpful reminders for people looking to file.