The Hill3d
A tax credit worth up to $7,830 often goes unclaimed: See who qualifies for the EITC
(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...
Mint2d
New regime narrows LTCG-regular income tax gap. Are equities still worth it?
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, especially those with annual incomes of up to ₹24 lakh. MUMBAI: The new ...
NBC DFW6d
Lower earners can see ‘five-figure refunds' from these tax credits, expert says. Here's who qualifies
The earned income tax credit, or EITC, is worth up to $7,830 for eligible families with three or more children for 2024. Meanwhile, the additional child tax credit, or ACTC, is up to $1,700 for 2024.
Observer10h
Tax Time and the Art World: Here’s What Artists and Collectors Can Deduct
On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.
You can no longer buy paper inflation bonds with your tax refund
The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, ...
Business Insider5d
AOC says she's worth less than $500,000 after kickback claims — and seems to get kudos from Trump fans in response
An icon in the shape of a lightning bolt. Impact Link Rep. Alexandria Ocasio-Cortez said she's worth less than $500,000, prompting a mixture of disbelief, criticism, and begrudging respect from ...