Green energy-efficiency credits are on the chopping block. If you want some of these valuable tax credits, you'll need to ...

Income doesn’t have to be a binary choice when the right tools unlock new sources. Learn how to stop missing out on fantastic ...

Tax practitioners should be familiar with the special rules that apply and issues that can arise when an accounting method change is made while a taxpayer is under IRS examination.

When you claim depreciation, it reduces your tax liability by reducing ... too much about your net income and instead focusing on whichever depreciation method is best for your overall goals.

Giving parents cash doesn't seem to boost children's outcomes — unless that cash is contingent on the parent working.

What is the child and dependent care credit? The child and dependent care credit is a tax break to help cover families’ child ...

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The temporary flat rate method ... later tax years. As an employee, you may be able to claim certain home office expenses (work-space-in-the-home expenses, office supplies, and certain phone expenses) ...

On May 22, 2025, the House of Representatives passed (by a vote of 215-214-1) its version of the budget reconciliation bill (H.R. 1, the "One ...

The Joint Committee on Taxation estimated that the Ways and Means Committee’s proposed changes to the clean energy credits ...