Pursuing certain types of credit card debt relief could have a big impact on your taxes. Here's what you need to know.

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

What's the Difference Between a Tax Credit and a Tax Deduction? As you file federal taxes, deductions and credits can help lower your tax bill – but they do so differently. Deductions reduce your ...

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