Taxpayers should give consideration to the form in which they make charitable donations. They might deliver more benefits to ...

The $7,500 federal tax credit for EVs has income requirements, but car salespeople aren't accountants, so double-check that you're eligible before driving off the lot.

Taking time to learn about key tax credits and deductions can help you save hundreds of dollars or more each year.

What is the "right" amount to give? Is there a set rule we're all supposed to follow? And where should it fit in with all of the other financial priorities we're supposed to be working toward? If ...

Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are ...

Were donations nondeductible I would make no changes.

Next, if you're filing taxes electronically, you'll need your adjusted gross income from last year to verify your identity.

One change of note is an increase in the mileage allowance for the business use of a vehicle to 70 cents ... section of ...

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

If you are a home or property owner, you will be required to pay tax on the property you own based on the assessed value of that property. Property tax has two components – a municipal portion ...

But to help offset that income, the IRS allows you to take certain tax deductions. While you have ... Use Form 4562 to calculate how much depreciation you should enter on line 18.