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

Key Takeaways - Tax Credits You May Qualify for This Year Tax season is upon us, and if you want to reduce how much you pay the government, you need to understand which tax credits you can claim.

If you're a procrastinator like some of us, before you file that return, don't forget about certain write-offs to claim commonly missed credits. 7 On Your Side breaks down some tips to keep in mind.

Being smart with your year-end finances can help your farm’s bottom line. Learn more in this guide to maximizing tax ...

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

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 ...

For first-time tax filers, navigating tax season can feel overwhelming. From deciphering IRS forms to understanding ...

A proposed ACA reform would shift the benchmark plan from silver to gold coverage and expand cost-sharing subsidies, reducing ...

The amount you can deduct depends on whether the project impacts the entire home or just the office. Home office improvements, however, are not tax deductible as they are classified similarly to ...

Review and file an amended tax return: If after filing your taxes you discover missed deductions or credits for 2024 or ...

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.

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...