#Earned Income Tax Credit
Tax credits for low-income Hawai‘i families available
Looming deadlines for state and federal income tax filings in April make this a dreaded time of the year, but with all of the tax credits now available, Hawai‘i families should make filing their taxes a priority this year.
Maui residents join statewide sign-waving in support of minimum wage increase
A group of Maui residents joined a statewide sign-waving effort Wednesday in support of minimum wage increase and Earned Income Tax Credit.
Are you getting all your eligible tax breaks for 2021 returns?
The American Rescue Plan signed by President Joe Biden expanded two tax relief programs for this tax season: the Child Tax Credit and the Earned Income Tax Credit.
IRS Issues 430,000 More Refunds for Overpaid Taxes on Unemployment Compensation
The Internal Revenue Service recently sent approximately 430,000 refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for tax year 2020. The refunds averaged about $1,189.
KIDS COUNT Report: Hawaiʻi Plunges to 44th in Economic Well-Being of Keiki
Hawaiʻi’s ranking in children’s economic well-being dropped in one year from 25th to 44th, according to the 2021 KIDS COUNT® Data Book, a 50-state report that uses recent household data to analyze how families fared between the Great Recession and the start of the COVID-19 crisis.