Tax credits are subtracted directly from the tax you owe, helping you cut down your overall tax bill. Tax deductions also ...

Heading into Tax Day, if you listen to progressive policymakers for a few minutes, you’ll likely hear that few problems on ...

"There's no penalty for filing late when you're owed a refund," the IRS said. However, refunds must be claimed within three years of the original filing deadline—otherwise, the money becomes the ...

Yet there still is the IRS's 2022 pledge not to use any Inflation Reduction Act money to increase audits on people making under $400,000, and the tax agency's challenges following the pledge. "We will ...

During this time, I've been asked many tax questions by colleagues, friends and family. Most are about maximizing refunds and ...

Learn how to reduce double taxation on international income using tax treaties—what to claim, where to file and how to stay ...