earned income tax credit

NJ State Senate President Stephen Sweeney (file / credit: New Jersey Senate Democrats)

NJ Lawmaker Introduces Bill To Raise Taxes On Millionaires

Senate President Steve Sweeney has introduced a bill raising taxes on residents earning more than a $1 million.

05/07/2015

Sen. Richard Blumenthal of Connecticut (credit: Chip Somodevilla/Getty Images)

Blumenthal: Unclaimed Refunds For Conn. Taxpayers Are Up To $13.4 Million

Thousands of Connecticut taxpayers could potentially receive a lucrative financial windfall, U.S. Sen. Richard Blumenthal said Friday.

04/03/2015

Income Tax

What Is Earned Income Tax Credit (EITC)?

Geared primarily towards low-to-middle income, working individuals and families, the Earned Income Tax Credit (EITC) is a federal benefit able to provide relief to those who meet specific criteria, by reducing the amount of tax owed and by increasing the amount of tax monies refunded, as determined after filing. Both single and married people can benefit from EITC, regardless of whether or not they have children or other dependents.

04/01/2015

Tax Credits

Best Tax Credits And Deductions Everyone Should Know About

Don’t miss out on some valuable tax credits and deductions. Here are a few of the most commonly missed credits, which could end up saving you a bundle.

03/24/2015

Rep. Steve Israel (D-N.Y.) with the McKee family of Hicksville, LI, discussing efforts to reform the tax code, March 19, 2014. (credit: Mona Rivera/1010 WINS)

Rep. Israel Calls For Reforms To Tax Code Based On Cost Of Living

A report completed by centrist think tank Third Way compared Hicksville, Akron, Ohio and McAllen, Texas and showed how overtaxed the Long Islanders are due to the higher cost of living.

03/19/2014

IRS Tax Form 1040 (credit: Tim Boyle/Getty Images)

Conn. Official Warns Of Tax Scammers Ahead Of Filing Day

Connecticut’s Commissioner of Revenue Services Kevin Sullivan said these unscrupulous people set up shop at tax time to lure filers who are eligible for tax refunds under the Earned Income Tax Credit program.

04/11/2013

Mitt Romney (Photo credit: NICHOLAS KAMM/AFP/GettyImages)

Opinion: Romney Denigrates 47% Not Paying Taxes As He Uses Loopholes Trying To Do The Same

Mitt Romney, if you want to talk about mooches and freeloaders that take advantage of the system then grow a spine and show America your tax returns. Let’s see what you really pay as a percentage. Let’s see what deductions you take. Let’s see how addicted to federal benefits you are.

09/21/2012

Mitt Romney (Photo credit: NICHOLAS KAMM/AFP/GettyImages)

Opinion: Romney’s 47% Don’t Pay Taxes Remark Shows He’s Exactly Who We Thought He Was

The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.

09/19/2012