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

The Educational Choice for Children Act of 2025 would ostensibly provide a tax break on charitable donations to organizations ...

Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.

If you want to save some income tax by reducing your total taxable income then Section 80G is one of the available options.

They can file their returns jointly or separately. Many file joint returns, but there are some situations in which filing separately can ...

Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...

With the April 15 deadline looming, taxpayers and tax pros must get returns done and out the door to the IRS. Here’s a look ...

The IRS has processed 69.6 million federal income tax returns through March 14. Yet, that's down 1.4% from a year ago.

There's a lot of information (and money) on the table during tax season. That also makes it a prime time for scams.

An ABLE account can improve quality of life for individuals with a disability — it permits tax-free saving for ongoing ...

Opinion: Moss Adams' Travis Riley and Josh Harbin explain how practitioners and their clients can comply with new ...

A s the tax season looms, it's crucial to understand the tax credits that can help reduce your financial obligations to the ...