The IRS just raised the 2026 Earned Income Tax Credit to $8,231 for families with three or more children. Here's who ...

Key family tax breaks are higher for 2026, including the Earned Income Tax Credit and the Adoption Credit. Here's what ...

The IRS says the standard deduction and earned income tax credit are each going up slightly in 2026 for most taxpayers.

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger ...

The IRS has announced several updates that will impact how Americans file their taxes over the next two years.

Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you ...

The tax megabill that President Donald Trump signed into law on July 4 boosted the value of the child tax credit in 2025 to $2,200, up from $2,000. After 2025, the value of the child tax credit will ...

Combined with the federal EITC averaging $2,966, families received a total average credit of $3,856. The Michigan EITC for ...

President Barack Obama called for a focus on expanding “opportunity for all” in his State of the Union address Tuesday, marking Democrats’ latest efforts to combat income inequality. But the speech ...