Here are some of the most popular tax deductions and tax breaks
A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.
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4 Child Tax Credit Mistakes That Can Delay Your Refund
By ensuring you claim any tax credits and deductions you qualify for, you can lower your tax liability and save some money.
Will IRS layoffs affect tax returns? Seth Moulton says submit your taxes “ASAP”
IRS layoffs are expected to bring disruptions to a busy tax season; experts and politicians say it is even more important to ...
How to figure out when your tax refund will arrive
"If you filed an electronic return, expect a refund and signed up for direct deposit, the IRS says you should get it within ...
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IRS Updates Earned Income Tax Credit for 2025: More Families Eligible for Higher Credits
The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...
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Trump’s Proposed $5,000 Child Tax Credit: Analyzing Various Approaches
President Donald J. Trump’s proposal for a $5,000 Child Tax Credit (CTC) has sparked interest, though details remain scarce ...
What is the proposed $5,000 Child Tax Credit?
President Donald Trumps proposed $5,000 Child Tax Credit aims to provide financial relief to families, increasing the current credit from $2,000. If passed, it could significantly reduce childcare and ...
Opinion: Investing in Utah children — the proven benefits of the child tax credit for families in need
Fortunately, Utah now joins with 13 other states, offering a state child income tax credit that helps low-income families pay ...
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Georgia Senate unanimously backs pricey push for $250 child tax credit
Georgia’s Senate unanimously passed Senate Bill 89, creating a new child tax credit of up to $250 per child under 7 and ...