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

With this year's tax filing deadline quickly approaching, it's important for self-employed individuals to get a clear sense ...

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, ...

Tax credits and tax deductions both help you save money on your IRS bills, but they are not the same.  Unfortunately, research from the Tax Foundation revealed that 64% of survey respondents didn’t ...

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

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

Although Trump enacted the $10,000 SALT cap in 2017, he reversed his position last year on the campaign trail, vowing to “get ...

Maximize your tax return by learning about 14 tax deductions and credits you might have overlooked. Were you recently on the job hunt? If so, you probably forked over a considerable amount of cash ...

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

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