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

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

These details and their accompanying policies are, essentially, the tax code’s answer to the “mommy wars” between working ...

An examination of how the tax code treats different households shows that working families get far less support than some ...

or senior that lives with you under the Child and Family Tax Credit. The law also eliminated the two-dependent cap, meaning there’s now no limit to the number of dependents for which a taxpayer ...