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.

There have been many recent tax developments for U.S. expatriates. It is essential for U.S. citizens residing outside the United States and ...

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) ...

Trump backed spending bill narrowly passes through the House in May 21 vote. Here's the latest on no tax on tips, overtime ...

the extension of the child tax credit would be a help to many families with children. Unlike tax deductions, which reduce your taxable income, tax credits are a dollar-for-dollar reduction of your ...