A new child tax credit plan proposed by a Republican congressman could gain widespread support among Americans, based on a ...

One of the only things Donald Trump and Kamala Harris agreed on during the presidential campaign was the need to increase the ...

A tax credit directly reduces your tax liability on a dollar-for-dollar basis. This makes it a better option than a tax ...

The global tax deal prevents a "race to the bottom" on corporate income tax rates around the world. President Trump pulled ...

South Carolina has committed more than $1 billion to help build up the electric vehicle industry, but people have to buy the ...

Joint filing is a popular choice among married couples during tax season, but what will it actually do for you?

February 2025 will see a number of changes including benefit payments, tax, and support for the cost of living and energy ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

President Trump has returned to the White House, and with tax season just days away some Americans may be wondering how the ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.

The Internal Revenue Service (IRS) announced the annual inflation adjustments for fiscal year 2025. The PDF of Revenue ...