While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...

Saver's Credit (Retirement Savings Contributions Credit): Encourages low- and moderate-income taxpayers to make contributions ...

Thankfully for small business owners, there are a handful of really good tax credits that you can take advantage of for the ...

Claiming dependents is one of the best ways to reduce taxable income. Parents can even claim their adult children if they ...

A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as ...

The U.S. tax code didn’t get to be 74,000 pages long without getting a little confusing. But don’t throw up your hands just ...

Find Out If You’re Eligible for Up to $1,700 Per Child in Tax Relief Thousands of families across the U.S. rely on the ...

We’ll also explain how to claim a dependent on your federal tax return, as well as some tax credits and deductions you could qualify for if you’re eligible to claim dependents. A qualifying ...