Do you know a W-9 from a 1099? Your 2025 tax forms explained.

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

Understanding Tax Relief: Lower Your Tax Bill and Settle Debts

Explore how tax relief programs can help you lower your tax bill and settle debts. Learn about deductions, credits, and ...
moneycontrol.com

Income tax refunds held back after Form 16 mismatch: Here's why I-T refund is delayed

A growing number of salaried taxpayers expecting refunds for Assessment Year 2025–26 are finding their income tax returns stuck for a long time. The Income Tax Department has temporarily put refund ...
American Banker

CFPB: Earned wage access is not credit

The Consumer Financial Protection Bureau weighed in again as to whether earned wage access should be considered credit under the Truth in Lending Act in a new advisory opinion Monday, and formally ...
Phys.org

Federal Earned Income Tax Credit has unexpected result, researchers say—it decreases domestic violence

Fifty years since the federal earned income tax credit went into effect and a team of researchers from UConn and City University of New York have identified an unintended benefit of the antipoverty ...
CNBC

2025 federal tax brackets and income rates

How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...
The Times Leader

Pennsylvanians to benefit from new state-level Earned Income Tax Credit

WILKES-BARRE — In case you missed it, the Shapiro Administration rolled out a new online calculator and launched statewide outreach to help Pennsylvanians access the Working Pennsylvanians Tax Credit ...
The York Dispatch

State earned income credit could cut taxes for lower-income earners

Pennsylvanians eligible for the federal Earned Income Credit on their income taxes will now be eligible for that same credit at the state level. The Earned Income Tax Credit is a refundable tax credit ...
WESA

New state earned income tax credit will benefit low- and moderate-income working Pennsylvanians

The new Working Pennsylvanians Tax Credit is part of the state budget Gov. Josh Shapiro signed into law last week. Close to one million Pennsylvanians will qualify for a new tax credit when they file ...
Penn Live

Long-sought Pa. tax credit for some workers to be ready for filing season

A new tax credit for lower-income workers in Pennsylvania will be ready for tax time this spring, Gov. Josh Shapiro’s administration said Monday, calling it the most significant tax change for the ...
Newsweek

Income Tax Credit Announced For 940,000 Americans

Pennsylvania Governor Josh Shapiro signed a $50.1 billion state budget on Wednesday, which introduces a new earned income tax credit that will provide nearly $193 million in tax relief for working ...