A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

Remote work has radically changed our conception of "the office." The Pew Research Center estimates that 14% of all employed ...

The Tuition and Fees Deduction was phased out, but there are two main credits still available. Learn more about college ...

The value of Google’s businesses and the momentum the company is seeing in AI services point to a bright future.

The HOMES program was created to reward taxpayers who focus on making performance-based energy upgrades in homes. Per DOE guidance, upgrades must address at least one major upgrade related to heating ...

The Tax Cuts and Jobs Act, or TCJA, Trump’s sweeping overhaul of the tax code, is expiring at the end of this year. Here’s ...

It is not widely known that even if you are not yet divorced, if you did not live with your spouse for the last six months of ...

Since we withdrew money from our 401 (k), we expect to owe the IRS money this year. However, by itemizing and deducting the interest paid on our mortgage debt, along with several additional tax breaks ...

Many medical expenses qualify as tax-deductible under the Canada Revenue Agency (CRA), she says, including hospital services, ...

Google was recently ranked the third most valuable brand in the world by Brand Finance. The company’s Gmail, YouTube and ...

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here’s what could happen.