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.
If you owe money to the IRS, you may want to consider taking out a personal loan.
Here’s what to know if you’re responsible for filing taxes for a deceased spouse, parent or dependent.
Credit card interest on personal credit cards is not tax deductible, but interest on any card used exclusively for business purchases may be eligible for tax deductions.
Certain windfalls are considered capital gains. Here’s how to determine what you’ll owe.
Exemptions are like deductions. You can claim $4,050 each for yourself and family members.
The Work Opportunity Tax Credit helps veterans and certain other workers land jobs.
The garage construction doesn’t qualify for the energy tax credit, but these things do.
Want to put your vacation home to work? Rent it. Just make sure you follow the IRS rules.
You can’t avoid tax on the rental property sale, but other tax benefits may even things out.
For lower-income filers, money put away for retirement could cut today’s tax bill.
The Earned Income Tax Credit can get you more money than you paid all year.
You may be able to claim exemptions for your stepchildren from Mexico. Here’s how.
You can only deduct real estate losses to offset gains, but there are a couple of exceptions.
You have to meet certain conditions to get a break from the IRS on a short sale.