An IRS tax examiner protests outside his office during the partial government shutdown in January. For the millions of Americans who claim the Earned Income Tax Credit, April 15 is just another day. Taxpayers who get this credit, which gives a refund to low- and moderate-income households (and more to those with children) , are often among the first to file their federal income taxes, meaning that many or most of them got this chore over with back in late January, at the start of tax season.
That’s because the Earned Income Tax Credit isn’t merely a bonus. It’s part […]