The Inflation Reduction Act of 2022 reconfigured two nonrefundable tax credits for home improvements that save energy. Unlike ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Fact checked by Giselle Cancio The Internal Revenue Service (IRS) reports that more than 9 million taxpayers failed to claim ...

It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a ...

Read our guide to learn about how much you can save with the federal solar tax credit in 2024. The federal tax credit covers 30% of a consumer’s total solar system cost, which means you could ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

The Legacy Tax Credits contain lists of technologies that qualify, e.g., wind, solar ... taxpayer petitions the IRS by claiming the Tech-Neutral Tax Credit on its tax return and attaching the ...

Tax refunds often feel like a financial windfall, but they are essentially a return of your own money. Here are six reasons ...

Itemizing your taxes is great when you are a homeowner. As you file taxes for the 2024 tax year, there are some deductions ...

Anticipating your tax refund can be exciting, but understanding the process and optimizing your financial strategy can make it even more rewarding.