tax law
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Tax Credit vs. Tax Deduction: What’s the Difference?
Tax Breaks Your guide to tax deductions and credits, how the IRS treats them differently, and how they impact your tax bill.
By Kate Schubel Published
Tax Breaks -
Voters Approve New Veteran Property Tax Relief
Tax Relief Thanks to the election, some Veterans will soon see expanded property tax exemptions.
By Kate Schubel Last updated
Tax Relief -
IRS: Here’s How to Recover Your Tax Records After a Natural Disaster
Tax Records Your tax documents can help you get federal relief faster, the IRS says.
By Gabriella Cruz-Martínez Published
Tax Records -
Earned Income Tax Credit (EITC) 2024: How Much Will You Get?
Tax Credits The refundable amount for workers with or without children is slightly higher this year. Here’s what you need to know.
By Gabriella Cruz-Martínez Last updated
Tax Credits -
Trump Tariff Plan: Which States Would Be Hit the Hardest?
Tariffs Donald Trump's campaign proposal would substantially increase prices in as many as 20 states.
By Gabriella Cruz-Martínez Last updated
Tariffs -
Project 2025 Tax Overhaul Blueprint: What You Need to Know
Election 2024 Some people wonder what Project 2025 is and what it suggests for taxes.
By Kelley R. Taylor Last updated
Election 2024 -
U.S. Treasury's AI is Catching Tax Cheats and Saving Billions
Tax Filing Artificial intelligence is helping the Treasury Department reclaim billions in tax funds. Find out what this could mean for you.
By Kate Schubel Last updated
Tax Filing -
IRA and 401(k) Contribution Limit Changes for 2025: What to Know
Retirement IRS inflation adjustments typically mean higher contribution limits for the new year.
By Kate Schubel Last updated
Retirement -
Adoption Tax Credit 2024: What You Need to Know
Tax Credits The federal adoption tax credit is slightly higher for 2024. Here’s what you can claim under the tax break designed to help grow your family.
By Gabriella Cruz-Martínez Published
Tax Credits