EITC

Asian-Americans and the EITC; trusting the IRS; and other highlights from our favorite tax bloggers.

Trump's budget aims to cut approximately $3.6 trillion in spending, in part from eligibility changes for the Earned Income Tax Credit and Child Tax Credit.

The Trump administration’s budget blueprint for fiscal year 2018 would require a Social Security number for claiming either the Earned Income Tax Credit or the Child Tax Credit in an effort to deny the refundable tax credits to undocumented immigrants.

Deduction alternatives; the death of Medicare tax; a phony Social Security number; other highlights from our favorite tax bloggers.

The Internal Revenue Service saw a sharp drop-off in tax returns in the first half of filing season, according to a new report.

Preparers prepare for extra steps on returns with the EITC, CTC and AOTC.

Tax pros share the issues they’re most concerned about for this year’s returns.

More than halfway through the 2017 filing season, the IRS reported receiving 5.7 million fewer individual returns than at a comparable point last year.

More than halfway through the 2017 filing season, the IRS reported receiving 5.7 million fewer individual returns than at a comparable point last year.

From a trickle to a flood, returns have started to flow in after initial delays.

The Internal Revenue Service is putting out the word on how to beat the tax-filing crowd right after Presidents Day—one of the agency’s busiest times of the year.

The IRS web page where taxpayers and tax professionals can check on the status of refunds will be updated on Saturday, February 18 for most early filers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit.

The Internal Revenue Service is seeing a sharp decline in returns so far this season.

Three members of the tax-writing House Ways and Means Committee have introduced bills to enhance the Earned Income Tax Credit, the American Opportunity Tax Credit and the Child Tax Credit.

Preparers who file a return claiming the credit without including a W-2 to substantiate the income may get a warning.

Eligibility expands for claiming the refundable tax credit, though taxpayers who claim it will face some delays before receiving their refunds.

Even though their income level may not require them to file, taxpayers with disabilities may still qualify for the credit, the tax service says.

The service has released its guidance for tax preparers on income tax refunds for 2017, including information on potential delays.