The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

U.S. efforts to put carbon dioxide from power plants and industrial facilities underground where they won't contribute to ...

As tax season approaches, many Americans might overlook a significant opportunity to boost their refunds. Discover how you ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

Do you support a spouse or common-law partner, or a dependant with a physical or mental impairment? The Canada caregiver credit is a non-refundable tax credit that may be available to you. Who can you ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

The 2025 tax season is officially underway, with the IRS accepting 2024 tax returns as of January 18. If you're wondering ...