The Treasury Department and the Internal Revenue Service released final rules for the clean electricity investment and ...

The contentious rules for the Inflation Reduction Act’s hydrogen subsidies have been finalized. But Trump could weaken them — ...

A tax rebate is a refund that comes quicker than a tax return, and tax credits are deducted from taxes owed on your tax ...

Governor Kathy Hochul has proposed what she describes as the largest expansion of the child tax credit in New York State’s ...

Rollover credits, miles and free nights from credit cards are already here. And several programs have new perks or new ...

This tax break can help you offset $2,500 in qualifying expenses tied to your higher education. Here's what you need to know.

Energy shows why new safeguards adopted by the U.S. Treasury Department are necessary to avoid substantial climate impacts ...

The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...

Currently, the credit is good for up to $2,000 per dependent child on your taxes. That full amount is "nonrefundable," ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

Tax credits: Dollar-for-dollar reduction Tax deductions: Lowering your taxable income Key differences: Credits vs. deductions Which is better: Credit or deduction? FAQs about tax credits vs.