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Earned income tax credit

Congress huffs, puffs and passes timid deal

On the positive side of the ledger, the bill passed late Tuesday:-Maintains current tax rates for about 98 percent of Americans while reasonably boosting them for families making more than $450...

Details of Senate bill averting 'fiscal cliff'

The tax was originally designed to ensure that the wealthy did not avoid owing taxes by using loopholes.-Other tax changes: Extends for five years Obama-sought expansions of the child tax credit,...

Details of tentative deal averting 'fiscal cliff'

The tax was originally designed to ensure that the wealthy did not avoid owing taxes by using loopholes.-Other tax changes: Extends for five years Obama-sought expansions of the child tax credit,...

Boehner plan ends tax cuts for rich, poor

Boehner's bill also lets expire an expanded tax credit for college tuition and related expenses, and an enhanced Earned Income Tax Credit for low-income families with three or more children.

Obama, Boehner return to verbal fisticuffs on fiscal cliff

In a report issued Wednesday, the White House argued that the plan - which does not continue the American Opportunity Tax Credit and improvements to the Child Tax Credit and Earned Income Tax...

Warren Buffett's wrong on goal for federal revenue

I'd also add bigger wage subsidies -- via, say, some kind of mega-earned income tax credit -- so that full-time work (and especially in-person service-sector work that can't be offshored) offers a...

House and Senate sit on tax bills the other passed

The EITC provides tax credits to low-income families based on their income and number of children.

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Personal Finance: Ask the Experts: Didn't file a 2009 tax return? The IRS could...

But thousands could still be eligible for a tax refund, especially if they had minimal income...

Tax refund possible for 2009 non-filers

But thousands could be in line for a tax refund, especially those with minimal income that...

Crime Watch: Choose your tax preparer with care to avoid fraud

Preparers may, for example, manipulate income figures to fraudulently obtain tax credits, such...

Blogs

Daily Kos: Gomez stonewalling on tax deduction information

Bush budgets cut their enforcement money and they were told to target poor families claiming EITC.

Senators Look to Expand Eligibility for a Successfully Dysfunctional Tax Credit

More bluntly and honestly stated, well-intentioned as it may be, the EITC has been corrupted.

IRS paid billions of dollars in improper refunds, report says

The IRS estimates that at least 21 percent of its EITC payments in 2012 were faulty.

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IRS paid billions of dollars in improper refunds, report says

The IRS estimates that at least 21 percent of its EITC payments in 2012 were faulty.

IRS issued billions in improper refunds, report says

The IRS estimates that at least 21 percent of its EITC payments in 2012 were faulty.

It's Not Too Late to Claim Tax Credit

Welcome to the earned income tax credit, or EITC.