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 ...

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

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

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

Nationwide offers cyber liability insurance for a wide variety of industries, with useful add-ons like legal consultations and network vulnerability testing. NEXT covers data breaches, ransomware, ...

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

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

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

showed that tax breaks for companies' research and development spending and technology transfers totaled 806.9 billion yuan last year. Tax incentives for high-tech enterprises and emerging ...

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

All homeowners benefit, but the more modest the property, the more generous the proportional tax break. For example, a 70-year-old living in a $150,000 home she owns would owe no tax for school ...