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.
How does a parent give a house to a child and trigger the least taxes possible?
Due to your circumstances, you may not have to repay the first-time homebuyer tax credit.
Just because you used up that loss doesn’t mean your tax bill will rise sharply.
Here’s how to find a tax pro who can determine if you missed out on some tax breaks.
Taxpayers who received an Obamacare tax credit may be shocked at filing time.
Here’s how to figure the basis for depreciation of the home you are converting to a rental.
There’s a way to buy a property before selling your 1031 like-kind exchange, but be careful.
You accounted for the 1031 property when you acquired it, so the IRS knows about it.
For lower-income filers, money put away for retirement could cut today’s tax bill.
You have to meet certain tests to claim your mother as a dependent on your taxes.