Elon Musk’s company profits from green energy tax breaks passed by Democrats.

The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...

If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...

Despite numbers showing that most of the money in the Parental Choice Tax Credit program went to rich families, Governor ...

Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.

For those workers and households who have low or moderate incomes, it is possible to improve their economic situation thanks ...

Advocates and lawmakers focused on ways to address homelessness and increase housing supply at the New York State Capitol on ...

Georgia’s GOP-controlled state Senate last month unanimously approved the creation of a child tax credit. It's one of several ...

According to the Internal Revenue Service, the EITC allows a tax break for people making low to moderate wages.

The simple act of withdrawing money during the downturn not only becomes a taxable event, but it's also going to be an erosion event. If you have another bucket, the reverse mortgage line of credit, ...

Tax write-offs and deductions reduce your taxable income. Tax credits reduce your tax liability. Assess your tax situation each year to determine which of these tax advantages you qualify for.

Here’s how to claim the child tax credit. Parents and guardians who make less than $200,000 a year ($400,000 if filing ...