This credit remains what it has been from the start: an ineffective subsidy primarily benefiting the wealthy. Congress should ...

A tax rebate is a refund that comes quicker than a tax return, and tax credits are deducted from taxes owed on your tax ...

Depending on how much you spend on dental care during the year, you might be able to deduct a portion of your dental care ...

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

With more mainstream curiosity surrounding EVs, bolstered by a ten-year extension in federal tax credits under the Inflation Reduction ...

A recent first-tier tribunal case examining the income tax and National Insurance contributions implications of payments under two salary sacrifice schemes underscores the need for employers to be ...

Homeowners can deduct the interest paid on a HELOC from their federal income taxes as long as they use the funds for home ...

The IRS standard mileage deduction for vehicle business use applies in 2025 whether you drive an all-electric, hybrid or ...

Is there a rule of thumb on how long someone should keep their old financial paperwork? I have file cabinets full of old receipts, bank and brokerage ...

Electric vehicles from Hyundai and Kia are eligible for a $7,500 clean energy tax break. But is the popular tax credit on its ...

The fact is that, the Appellant had produced only the xerox copies of the Income Tax Returns of her parents, pertaining to the financial years 2003 to 2007. Indisputably, the Tribunal as also the High ...

Trump's package of tax cuts and tweaks from 2017 is set to expire this year. Here's what that means for you.