The earned income tax credit (EITC) is a tax break available to low- and moderate-income wage earners. It is a refundable tax ... The IRS has posted an EITC calculator. The EITC calculator helps ...

The employer must calculate and withhold the appropriate amounts from the nanny’s paycheck for Social Security and Medicare taxes. These taxes are split evenly between the employer and the nanny ...

Although federal tax law does not allow for political deductions, some state laws may allow for a tax credit or deduction. The donation has to be related to a state-level campaign or candidate.

By contrast, a refundable tax credit results in a refund from the Internal Revenue Service (IRS) if the credit reduces the taxpayer’s liability to a number below zero. Refundable and ...

Real returns indicate if investments keep up with inflation, maintaining purchasing power. To calculate real return, subtract inflation rate from nominal return after taxes. Positive real returns ...

Rizal Commercial Banking Corporation (RCBC), through its credit card arm RCBC Credit Cards, has turned over P3-million worth of donation to Gawad Kalinga, a Philippine-based poverty alleviation ...

Saskatchewan Party Leader Scott Moe says if re-elected on Oct. 28, his party would provide a 50 per cent refundable tax credit for the cost of a first in vitro fertilization treatment.

Non-profit organisations dedicated to charitable activities in France illegally make tax-free calls for donations to finance military equipment for Israeli soldiers, a French media outlet revealed ...

COLORADO SPRINGS, Colo. (KRDO) - Children's Hospital is getting a huge boost to help support families and children thanks to a generous donation. Local non-profit Chip In For Children raised $ ...

The bill, advanced by the Coalition to Modify NOTA (NOTA stands for the National Organ Transplant Act passed in 1984) would provide a $50,000 refundable tax credit—$10,000 per year for five ...