IRS Updates Earned Income Tax Credit for 2025: More Families Eligible for Higher Credits
The Earned Income Tax Credit (EITC) helps reduce poverty for working American families by providing a tax credit for ...
The IRS Is Watching: 5 Red Flags That Could Trigger an Audit
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...
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Scientific Research and Experimental Development (SR&ED) tax incentives
Corporations, individuals, trusts, and partnerships that conduct eligible work may be able to claim SR&ED tax incentives for the year. There are 2 tax incentives: Claim a deduction against income Earn ...
Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...