Understanding tax credits and deductions can be confusing, but they can also be a great way to save money on your taxes. It’s important...

Congress also increased health insurance premium subsidies in March, making coverage more affordable for millions of Americans. While the...

The American Rescue Plan boosted the child tax credit to $3,000 for families with kids 17 and under for 2021, with an extra $600 for...

Taxpayers eyeing a year-end charitable donation may take advantage of a special write-off for cash gifts in 2021, even if they don’t...

Canceled debt can often turn into taxable income! You settled your credit card debt. Now you can start fresh, rebuild your credit and star