EarnedIncomeTaxCredit
| 1:45PM 4/09/2012
With just a week to go before April 17, it's crunch time for getting your taxes filed. If you're just now getting started, the first question you have to answer is which form you should use to file. Here's how to figure it out.
| 2:10PM 3/12/2012
Conservative politicians have spent the past few months venting their ire on America's entitlement programs, and the alleged mass of lazy layabouts who make use of them. But a closer look at who actually lands in the social safety net reveals some surprising facts.
| 5:00PM 2/21/2012
There's a popular tax break out there that paid more than 26 million workers a total of nearly $59 billion last year. Yet as many as 1 in 4 of those who qualify for this tax credit failed to claim it, missing out on hundreds, or even thousands, of dollars. That break is the earned income tax credit.
| 6:30AM 2/10/2012
Getting married should be one of the happiest events of your life. But even if everything goes perfectly on your special day, the IRS may spoil the party. That's because getting hitched means big changes on your taxes. Here's a quick rundown of what you need to know.
By Selena Maranjian, The Motley Fool
| 11:00AM 2/09/2012
At tax time, being a parent comes with certain perks: the Child Tax Credit, the Child and Dependent Care Credit, a bigger Earned Income Tax Credit, among others. But while single parents have many of the same breaks as married parents, there are some they miss out on.
| 8:30AM 3/09/2010
As April 15 creeps closer, many taxpayers are focusing on refunds. While those taxpayers rush to file their returns on or before Tax Day, the tax deadline takes on a whole other meaning for others. April 15 is not only Tax Day for the 2009 tax year -- it's the last day to claim a refund for the...
| 2:00PM 2/01/2010
In late January, the IRS and Treasury Department organized EITC Awareness Day to highlight the availability of the tax credit. According to the IRS, nearly 24 million people took advantage of the Earned Income Tax Credit last year, receiving nearly $50 billion in benefits.
Just because EITC...
| 6:15PM 1/22/2010
Tax credits are popular ways to reduce your overall tax burden. Credits are dollar for dollar reductions in the amount of tax due, so it's a pretty big bang for your buck. Here are five of the most common tax credits:
Credit for child and dependent care expenses. The credit for child and...