The American Opportunity Tax Credit (AOTC) offers a significant financial boost for college students, providing up to $1,000 ...

The founder of Tulsa Innovation Labs is calling for changes to draw more investments from civic-minded financial advisors and ...

Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...

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

Every parent hopes their children will someday attend college and change the world. The reality is that not every child can ...

Saver's Credit (Retirement Savings Contributions Credit): Encourages low- and moderate-income taxpayers to make contributions ...

Lesser known but still popular is the American Opportunity Tax Credit, which can save you on your taxes and reduce the cost of attending college. This plan offers a credit of up to $2,500 per ...

Some relevant tax credits for first-time filers include the American Opportunity tax credit and the Earned Income credit. When it comes to deductions, you can either opt for a standard deduction ...

Credits provide a dollar-for-dollar reduction in the amount of taxes you owe. Some tax credits are refundable, meaning you can be paid for the value of the credit even if it exceeds your tax ...

[1] It would also allow 75 percent of the EITC to be sent in monthly payments, which could increase Americans’ financial ...