You get two more months to file the tax return if you work outside USA or serve in military or naval service on duty outside the country. However, this does not mean that you get two more months to ...

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

In response to the discovery of nearly $50 million in payments to ineligible farmers, Agriculture Secretary Tom Vilsack today announced that the U.S. Department of Agriculture (USDA) and Internal ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Most taxpayers can expect to receive their refund in a matter of weeks. We’ll show you how you can check up on the status of ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.