The Earned Income Tax Credit, or EITC, provides tax benefits to low- and middle-income workers and families. Credit range from $1,502 to $6,728 for fiscal year 2021 and $560 to $6,935...
Posted by Income Taxes and Bookkeeping LLC on 04/30/2022
If you're a low-income worker, or your income has considerably reduced over the years, you're entitled to a refundable tax credit known as the earned income tax credit. The...
Posted by Tiffany Gaskin on 03/17/2022
This article will examine the Earned Income Tax Credit (EITC) letters and other notices a worker could receive from the IRS and why such notices are sent.The EITC is a refundable tax...
Posted by Pat Raskob on 03/10/2022
The EITC is an important tax credit directed at millions of families across the US. It is one of the most substantial tax credits, making it important for people to access the credit...
Posted by Pat Raskob on 06/18/2021
Also known as EITC or EIC, the Earned Income tax Credit is a refundable credit, meaning that if you owe no tax and you qualify, you will get the value of the credit. The idea is to...
Posted by Karen Munoz, EA on 09/03/2021
The EITC (earned income tax credit) is a refundable credit that applies to all taxes owed after completing the return and calculating the amount owed. The Internal Revenue Service...
Posted by Carmen Garcia on 09/14/2020
