Earned Income Tax Credit

SomeTax Preparers Are Fudging Clients' Income In Aim To Jack Up Fees

Reuters | Posted 04.27.2012

By David Cay Johnston NEW YORK, April 26 (Reuters) - Each year the Internal Revenue Service receives tax returns that ...

Janell Ross

Why She Doesn't Pay Taxes

HuffingtonPost.com | Janell Ross | Posted 04.17.2012

Expecting a long wait and a large tax bill, Sonia Figueroa walked into the New York Food Pantry's temporary tax preparation site in West Harlem with a...

Tax Strategies in a Tough Economy

Jason Alderman | Posted 04.30.2012

Jason Alderman

Even though April 17 is a ways off, it's never too soon to start planning your strategy. Here's a roundup of common economic challenges you may be facing and their possible tax implications.

Did You Get Your Check? IRS Has $1 Billion Waiting For You

Emily Cohn | Posted 02.29.2012

Did you file your 2008 tax return? One million people did not, and as a result, the Internal Revenue Service is sitting on a pile of cash -- $1 bi...

Are You Being Scammed?

Emily Cohn | Posted 02.29.2012

Every year during tax season, scam artists try and break off a piece of Americans' tax payments. "Scam artists will tempt people in-person, on-lin...

Are You Overpaying On Your Taxes?

Emily Cohn | Posted 02.29.2012

It's tax season and chances are you're confused. We all are. The federal tax code is more than 70,000 pages or 3.7 million words long. Every year the ...

The President's Budget: Continuing the Slow Climb Upward

Deborah Weinstein | Posted 04.15.2012

Deborah Weinstein

The president's budget proposal recognizes some basic truths: we cannot speed up economic recovery without investments that create jobs and increase workers' readiness to do those jobs.

The Tax Credit That's Helping Single Women-Headed Families Fight Poverty

Nicola Goren | Posted 03.28.2012

Nicola Goren

For millions of American families -- especially those headed by single women -- this tax season will offer hope, security and a potential reprieve from the crippling impact of the economy.

Increasing the Illinois Earned Income Tax Credit Helps Create Jobs, Brings Fairness

Dan Lesser | Posted 03.13.2012

Dan Lesser

The EITC is not just about fairness, lifting workers and children out of poverty, and reversing a 30-year trend of income inequality. It's about tax policy that will lead to business growth, create jobs and make the economy work for all of us.

Remembering Poverty Before the Safety Net

Dan Morgan | Posted 02.21.2012

Dan Morgan

In an ideal world, families, churches, and volunteer organizations -- exemplifying the idea that we Americans take care of our own without relying on government -- would be the safety net. But this isn't an ideal world.

Lawmakers Consider Extending Tax Credits To Working Families

Posted 11.28.2011

As Illinois lawmakers prepare for the end of their fall session Tuesday, they're posed to consider a bill that would expand tax credits for working fa...

Four Popular Safety-Net Programs Tea Party Republicans Have Turned Against

Jake Blumgart | Posted 01.18.2012

Jake Blumgart

Ensuring that American students can attend school with full bellies seems like the most uncontroversial public policy of all time. Not so anymore, now that child nutrition has met the Tea Party.

Memo to GOP: Time to Notice Poverty

David Frum | Posted 01.02.2012

David Frum

To put it mildly, poverty alleviation has not been a Republican theme in the current cycle. To some degree, this is an understandable reaction to the disappointments of the Bush presidency. But what is understandable is not necessarily right.

Government Aid Keeps Millions Out Of Poverty [GRAPHIC]

The Huffington Post | Posted 11.15.2011

Prevalent as poverty is in the United States, it'd be a lot worse without government aid. As seen in the below infographic by the Center For Ameri...

Banking on Tax Time

Reid Cramer | Posted 06.18.2011

Reid Cramer

Given the scale of resources delivered as tax refunds, the tax time moment can offer a valuable opportunity to engage low-income families in saving.

Providing Tax Help For Needy Families This Season

Gordon Campbell | Posted 06.15.2011

Gordon Campbell

By giving at-risk families fundamental financial tools, we can empower them to take control and truly change their lives.

Zach Carter

Government Shutdown Could Slow Tax Refunds, Crimp Use Of Largest Federal Anti-Poverty Program

HuffingtonPost.com | Zach Carter | Posted 05.29.2011

WASHINGTON -- A prolonged government shutdown could deliver a blow to many poor American families by limiting or delaying access to the federal govern...

Testimony on Sensible Tax Reform

James K. Galbraith | Posted 05.25.2011

James K. Galbraith

The realized budget deficit is an economic outcome, not a policy choice. So long as the economy faces high unemployment, there is no fiscal formula that can make it go away.

Zach Carter

Banks' Share Of Low-Income Tax Refunds Will Fall This Year, Consumer Advocates Say

HuffingtonPost.com | Zach Carter | Posted 05.25.2011

WASHINGTON -- Friday is the Treasury Department's Earned Income Tax Credit Appreciation Day, a celebration of what is arguably the U.S. government's l...

The Economy -- and the Unemployed -- Held Hostage

Deborah Weinstein | Posted 05.25.2011

Deborah Weinstein

Because Congress failed to act in November to continue the federal emergency Unemployment Insurance program, two million unemployed workers are expect...

Debt Ceiling Blackmail Will Axe All Republican 'Concessions' in Tax Package

Paul Abrams | Posted 05.25.2011

Paul Abrams

Anyone who believes the Democrats got a 13 month extension of unemployment this week should think again. It is more like 2 months. Unless a rise in the debt ceiling beyond the 2012 elections is part of the package.

The Politics of Hunger: An Interview with World Food Prize winner David Beckmann

Christine A. Scheller | Posted 05.25.2011

Christine A. Scheller

God is calling us to change the politics of hunger because the need is especially great right now. But the opportunities are also very clear. We can do a lot, but we can't food bank our way to the end of hunger.

Californians Missing Out on Over $1 Billion in Tax Refunds

Aaron Glantz | Posted 05.25.2011

Aaron Glantz

California taxpayers are leaving more than $1.2 billion in tax refunds on the table, money that could be used to give working class residents a financial lifeline.

This Weekend, WE Connect L.A.

Maria Shriver | Posted 05.25.2011

Maria Shriver

This weekend, the Women's Conference and I will host an event called WE Connect, which is designed to help families take full advantage of the valuable financial programs available to them.

Slay the Sacred Tax Cow: It's Time to Say No to Wasteful Tax Credits

Sima Gandhi | Posted 05.25.2011

Sima Gandhi

Scrutinizing and cutting wasteful tax expenditures is a necessary part of fiscal planning. And leading states are showing that it's doable.