The IRS releases inflation adjustments for the coming year, Census data reveal how tax credits help decrease poverty, and a Missouri State Representative candidate pushes for a state EITC.
The EITC would go a long way to help those with disabilities and Hilary Clinton hopes to double the CTC.
A New York City official proposes raising the EITC, Etsy believes the tax credit could help independent contract workers, and Arkansas needs the EITC to combat its high rate of child poverty.
A Washington state EITC will be up for vote this election, New Jersey raises its state EITC, and Senator Sherrod Brown proposes a stronger CTC.
The American Academy of Pediatrics credits the safety net for aiding the health and development of children and the Obama Administration begins to close the income inequality gap with the help of tax credits.
Analysis of the 2015 Census data show refundable tax credits played a significant role in decreasing poverty.
The Council of Economic Advisers recommends expanding the EITC to grow labor force participation and Delegate Matthew Rohrbach joins the EITC movement in West Virginia.
The Center on Budget and Policy Priorities shares data supporting the expansion of the EITC to workers without children, the Center for American Progress recommends enhancements to the Child Tax Credit, and a Brookings Institute study shows the powerful impact…
What do you do when you want to learn more about who is claiming the EITC in your community? Go to the Brookings Institution’s Earned Income Tax Credit Interactive data finder, of course!
When it’s time to file taxes in 2017, how much will the Earned Income Tax Credit and Child Tax Credit be worth? See the guidelines for work conducted in 2016.