“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

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

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

That April 15 tax deadline is coming fast. We’ve got a few tips on what's available for anyone filing an individual income ...

College education comes with a hefty price tag, but the IRS offers tax credits that can help reduce the financial burden.

Tax season is almost over, but there's still time for homeowners to take advantage of these tax credits and deductions.

Republicans want to extend a 2017 tax cut in their upcoming reconciliation legislation that primarily benefits 200,000 ...

While both offer tax relief, they do so in different ways. Understanding the difference is essential since deductions and credits can be limited by your income. A tax credit reduces the amount of ...

College isn’t cheap. However, depending on your situation, you might be eligible to deduct all or a portion of tuition costs ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less.