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A tax credit is an incentive that lets a taxpayer reduce the total amount of tax owed. Find out which tax credits are available to you.
Most taxpayers already file electronically. Here’s a look at all the e-file options.
Net income provides a more accurate account of the financial status. Here’s why.
Learn how these differ and how they both can impact your budget.
Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
It’s hard to believe, but the IRS doesn’t tax every cent you make! It only collects on your taxable income.