Federal credits and deductions for seniors can lower taxes or increase refunds, yet many are overlooked....
Tax credits and deductions can reduce what homeowners owe and, in some cases, provide a direct credit....
Earned income for the EITC includes wages, tips, and net self-employment earnings. Correctly identifying...
Tax credits for dependent care lower your federal income tax dollar-for-dollar for qualifying childcare...
Selling a home can trigger capital gains tax or qualify for the home-sale exclusion; understanding how...
Choosing between itemizing and taking the standard deduction can change your taxable income and tax bill....
Energy credits for electric vehicle purchases can lower your tax bill and reduce the effective cost of...
Federal tax credits for energy-efficient home improvements reduce your federal tax bill when you install...
Amortization determines how much of each mortgage payment is interest versus principal — and only the...
Federal tax credits and deductions both reduce tax burden, but they work differently: credits lower your...