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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.
Here’s what to know about records to hang on to and how long you should keep them.
Taxpayers can follow their refund online, by phone or with a smartphone app.
Personal credit card use is almost never eligible for a deduction come tax season, but if you’re using a business credit card you can likely deduct your fees.
A new IRS form helps you figure tax withholding from your paycheck. But it’s not easy.
Auntie has offered a bargain home price to her niece. But will the seller face a tax penalty?
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.