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

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

The Child Tax Credit (CTC) remains a vital financial relief for families with children under 17 in the United States. As we ...

I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus any ...

While adding to your family is an exciting time, a new child also creates some costs you'll want to offset whenever possible. One money-saving move involves revisiting your tax situation. If ...

Dear Rusty: I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus ...

Single individuals and married couples filing jointly can deduct the full $7,000 (or $8,000 if the contributor is 50 or older ...

Republican lawmakers are considering a number of proposals that could effectively increase taxes on student loan borrowers and college students.

If you thought all was lost, it's not, you have several solutions to cover your student loan in a timely manner, to the point of having a deduction that would clean up your taxes.

By Russell Gloor, National Social Security Advisor at the AMAC Foundation, the non-profit arm of the Association of Mature ...

In 2025, the Income-Related Monthly Adjustment Amount (IRMAA) surcharges for Medicare premiums will continue to impact high-income beneficiaries. If you are a married couple filing ...

Dear Rusty: I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on ...