At the start of each year, many Americans may qualify for extra financial help through the Earned Income Tax Credit (EITC) from the IRS. This credit provides much-needed relief for low-income workers, helping them cover daily expenses. The best part? It’s money you don’t have to pay back. The EITC can also lower the amount … Read more
Tax season is back and US Tax Session 2025 comes with important updates that could put more money in your pocket. With higher standard deductions, adjusted tax brackets and increased retirement contribution limits there are plenty of opportunities to save. Understanding these changes can help you file your taxes smartly and maximize your benefits. Let’s … Read more
If you are earning a low or moderate income the Earned Income Tax Credit (EITC) can help put extra money in your pocket. This tax credit is designed to reduce the amount of tax you owe and if the credit is higher than your tax bill you will get the difference as a refund. For … Read more
As tax season approaches understanding how to maximize your refund can make a big difference. The IRS has announced that tax filing for 2024 returns will begin on Monday, January 27, 2025. Among the most valuable credits available this year is the Earned Income Tax Credit (EITC), which offers eligible taxpayers up to $7,830. This … Read more