For 2021, the EITC alone could be worth as much as $6,728 for qualifying low- to moderate-income workers with children. "There's no penalty for filing late when you're owed a refund," the IRS said.

The reason for this income (and racial) gap in auditing is the Earned Income Tax Credit (EITC), which offers tax relief for low-income households with demonstrated earnings. In other words ...

The IRS recently released new FAQ guidance providing a simplified procedure for addressing income tax amendments and refund claims related to Employee Retention Credit (ERC) determinations.

The Income Tax Appellate Tribunal (ITAT) Pune addressed an appeal filed by Satara Z.P. Class Four Employees Coop. Credit Society Ltd., concerning the disallowance of a deduction claimed under Section ...

Eagle Point Credit Co Inc. (NYSE:ECC), currently trading at $8.02 with a market capitalization of $901 million, has disclosed an unaudited estimate of its net asset value (NAV) per share for the ...

WASHINGTON - The Earned Income Tax Credit (EITC) has played a crucial role in helping millions of low-to-moderate income workers out of poverty. Saturday, March 29, 2025, marked the 50th ...

The Club’s official charity is ensuring the legacy of the late great Kevin Campbell lives on through this award, which will honour participants who have shown exceptional resilience, determination and ...

This article is part of a new Globe Advisor series, Pensions Unpacked, exploring how workplace pensions fit into retirement strategies, and the technical details and decisions that come with the ...

Growth in diet-related chronic disease and its consequences has spurred increased interest in diet and lifestyle interventions to improve access to healthy, safe, and affordable food; eradicate ...

If you made more than $400 in net self-employment income — even from side gigs or freelance work — you’re required to file a return, no matter your total income. Still not sure if you need to file?

Aaron Crowe is a Pulitzer-Prize-winning journalist who specializes in personal finance writing and editing. Aaron has written for a variety of websites, including AOL, Learnvest, U.S. News & World ...