STATEN ISLAND, N.Y. — Taxpayers this year could qualify for nearly $8,000 under the Earned Income Tax Credit, according to the Internal Revenue Service (IRS).

The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for qualified taxpayers. While the EITC has been around for 50 years, it's still one

There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned Income Tax Credit (EITC) was signed into law and is designed to “lift many financially challenged families out of poverty,