Category Archives: Earned Income Tax Credit

Find the latest updates and information about the Earned Income Tax Credit here!

Don’t Miss Out on Claiming the Earned Income Tax Credit This Year

The Earned Income Tax Credit (EITC) is a refundable tax credit given to taxpayers that earn a low-to-moderate income from a job or through self-employment. According to the IRS, around 25 million eligible filers received this credit in 2020 and the average EITC was approximately $2,461. However, many eligible taxpayers are missing out on this…

What Should You Do If Someone Claims Your Children On Their Tax Return?

No matter how hard you try to safeguard personal information, there is still a chance that someone could steal or otherwise misuse your dependent’s Social Security number. Often, the use of another taxpayer’s Social Security number is a mistake resulting from another filer transposing the numbers during filing, but it can also be the result…

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