A tax credit provides a dollar-for-dollar reduction off your total tax bill. Let’s say you are a parent who qualifies for the Child Tax Credit, which is worth $2,000 per qualifying child.

Play the USA TODAY Daily Crossword Puzzle. The Credit for Caring Act, if passed, would provide up to a $5,000 nonrefundable federal tax credit for eligible working family caregivers, that would ...

A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated Sunday ...

WASHINGTON, March 10 (Reuters) - A group of Republican lawmakers urged the House committee drafting President Donald Trump's proposed tax cuts in the upcoming budget reconciliation bill to ...

The Republican coalition of support for retention of long-term clean energy tax credits continues to grow, as evidenced by a letter delivered to Chairman Jason Smith of the U.S. House of ...

The 2025 tax season has officially kicked off, and Canadians, except for the self-employed, have until April 30 to file their income tax returns. While self-employed individuals and their ...

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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.

Languages: English. Tax season is well underway and U.S. taxpayers should be aware of various credits and deductibles that can reduce their overall tax bill. More than 40 million returns have ...

Repeal of two tax credits would raise residential customer bills 7% across the country, and even more for businesses, said a report from NERA Economic Consulting. U.S. customers are feeling the crunch ...

State lawmakers and the governor have an opportunity to make a smart and critical investment in our workforce and economy by allocating $90 million over three years to support the federal Work ...