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

Plus: Job losses at IRS, taxpayer privacy, Congress is making progress on the budget, changing your name, taxes on tips, tax ...

No matter how much money you make, you’d probably like to keep as much of it as possible for yourself. And capitalizing on ...

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

A new study suggests investment tax breaks do little to encourage investment — but will that stop them from being used as a ...

Donald Trump wants to end 'all special tax breaks' for ultra-rich sports team owners — here's why it may not have the impact ...

Minnesota’s 104 nonprofit general hospitals appear to give back more to their communities than they receive in tax breaks.

The enormous project that crosses Cattaraugus, Allegany and Wyoming counties received the backing of the Cattaraugus County ...

A big tax break that could save you money on an electric vehicle faces an uncertain and confusing future in the Trump administration.

People who lost their homes to Hurricane Helene or California wildfires could get a sizeable tax break to move to Wisconsin.

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