Skip to main content

Search Results: keywords:"qualified homeless youth"

  • The bill S. 1372, titled the β€œTax Cut for Workers Act of 2025,” aims to make certain changes to the federal earned income credit permanent and expand its benefits. It lowers the minimum age requirement to qualify for the credit, removes the maximum age limit, and increases...

    Simple Explanation

    The Tax Cut for Workers Act of 2025 is a plan to help workers by giving more people extra money back on their taxes, especially if they don't earn a lot of money, by changing some rules to include younger and older workers and allowing people in U.S. territories to get the same benefits.

  • The bill H. R. 2764, titled the "Tax Cut for Workers Act of 2025," aims to amend the Internal Revenue Code to make permanent changes to the earned income tax credit. It lowers the minimum age at which individuals without qualifying children can receive the credit, increases...

    Simple Explanation

    The bill H.R. 2764 is like when you get more allowance money for doing chores. It wants to give some people more help on their tax returns, like making it easier to get a bigger tax break, even if they worked less last year, and it also includes people in faraway places like Puerto Rico.