Tag: refundable_tax_credits
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Treasury and IRS Propose Rules to Restrict Refundable Tax Credits to Eligible Taxpayers
The Treasury and IRS have proposed new rules to limit refundable tax credits, including the EITC and Child Tax Credit, to U.S. citizens, nationals, and qualified aliens, fulfilling President Trump's pledge to prevent abuse.
Politics and GovernmentBusinessLaw EnforcementUSA US Department of the TreasuryInternal Revenue Service (IRS)Refundable Tax CreditsIllegal AliensPersonal Responsibility and Work Opportunity Reconciliation Act of 1996Donald J TrumpTax PolicyUS Treasury