Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Workers who are paid low wages − and in many cases are trying to raise children on overstretched paychecks − can qualify for ...

Several lesser-known tax credits could help you save even more money. Here are a few you should know about before filing your ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

The Cybertruck gets the federal tax credit despite the noise from President Trump about eliminating 'unfair' EV subsidies, ...

About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...

Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.

Jones’ announcement comes after Democrats proposed even more generous breaks, a $200 child tax credit for all children under ...