The Earned Income Tax Credit (EITC) is a tax break designed to help those with low to moderate incomes. Its especially ...
For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...
Tax credits can come in handy when it's time to file your return. Here's a breakdown of common ones, including the earned income credit, child tax credit and clean energy credits. Many, or all, of the ...
New legislation eliminated the EV tax credit program on Sept. 30, 2025, making electric vehicle ownership more expensive. Anyone who bought an eligible used electric vehicle (EV) or plug-in hybrid ...
If you’re considering buying or leasing an electric vehicle, now is the time to act. Federal tax credits toward purchasing 22 qualifying new electric car and plug-in hybrid models will expire on Sept.
If you want to buy an electric vehicle—or solar panels or a heat pump or home battery—there’s a short window of time to make use of the existing federal tax credits currently available. Under the ...
Thousands of dollars in potential tax savings are available — but only through the end of the year. By Rachel Wharton The Inflation Reduction Act made home-renovation history in 2022 by expanding tax ...