A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

Proponents claim "small businesses" rely on the pass-through deduction, but the benefits greatly favor the very rich.

Taxpayers seeking last-minute deductions still have an opportunity to reduce their 2024 tax burden through retirement and health savings contributions before the April filing deadline. Combined ...

The European Commission will next week propose a package of measures to help EU industries stay competitive while they cut ...

Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...

Child care providers appreciate tax breaks, but giving them to corporations could unintentionally harm local centers, said ...

Plus: It’s still a slow start to the tax filing season, there’s movement on the budget, refusing to file, rescheduling cannabis, tax filing deadlines, industry updates, tax trivia, and more.

New videos show the moment a flight from Minneapolis crash-landed, flipped and caught fire​​ in Toronto. Through he withdrew ...

The New York Apartment Association is proposing a property tax exemption for up to 40 years for rent-stabilized buildings ...

A Georgia House subcommittee recommended passage of a measure that gives a $500 tax break to married couples filing joint tax ...

ATLANTIC CITY — Bart Blatstein's Island Waterpark will get a five-year tax break from the city. City tax records show the ...

Most hospital systems in Colorado spent more to benefit their communities than they received in tax breaks in 2022, but state ...