Tax credits cut your bill, deductions shrink your income. Learn the key difference so you don’t leave money on the table during tax season.

For the greater part of 2022, inflation has been at the top of most headlines. Now, as 2022 comes to an end, it may be surprising to discover that inflation can affect tax planning. The tax code is written so that many areas are tied to inflation.

The Teacher's Guide is built to help students learn about state Income Tax, knowledge that will benefit them long after they've graduated. With this free resource, educators can teach students about credits and deductions, filing tax returns, and more ...

Talker Research recently published findings on tax misconceptions across all generations in America. That data showed that of the 4,000 U.S. citizens surveyed who are planning to file taxes in 2025, evenly divided by gender and generation, some didn’t ...

Benjamin Franklin was famous for many things, including the quote about only two certainties in life: “death and taxes.” A strong retirement plan should optimize for tax savings as it reviews assets and income streams. To start, retirees generally have ...

Renting out your home to earn some extra cash? Make sure you properly report your income to avoid being caught in an IRS nightmare. Deciding to rent out a part of your home is an exciting step toward achieving financial freedom, but it'll also require that ...