Learn more Tax season is officially here. And if saving money is your biggest priority this year, there are plenty of tax ...

While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, ...

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

Other tax deductions and credits may also reduce tax on a capital gain ... There are exceptions. For example, you can take a withdrawal under the Home Buyers’ Plan (HBP) for the purchase ...

Contrary to conventional wisdom, increasing capital gains tax rates could modestly improve economic growth by reducing ...

NEXT explains that if you’re an independent contractor, it’s your job to pay taxes on your own—and you’ll want as many 1099 ...

A bill in the Kansas Legislature that would limit state tax credits for affordable housing projects would “severely hinder” ...

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

A s the tax season looms, it's crucial to understand the tax credits that can help reduce your financial obligations to the ...

From the Menninger Clock Tower and Jayhawk Theatre to projects outside Topeka, a better tax credit could incentivize historic ...

The amount you can deduct depends on whether the project impacts the entire home or just the office. Home office improvements, however, are not tax deductible as they are classified similarly to ...