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

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

Kerala Finance Minister KN Balagopal began his budget speech on Friday, February 7, by declaring the state had “overcome the ...

The Telangana High Court reviewed a writ petition filed by Global Organisation for Development against the Commissioner of Income Tax (Exemptions), challenging the rejection of its application under ...

The Tax Cuts and Jobs Act (“TCJA”), also referred to as the “Trump Tax Cuts,” reduced the corporate tax rate from 35% to 21%. This law is in 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 ...

American families can get a significant cash boost by claiming the Child Tax Credit in their federal tax return for 2024.

Gov. Ned Lamont proposed changes to Connecticut business taxes that would raise hundreds of millions of dollars in revenue ...

The House of Delegates and Senate passed similar budget bills Thursday, setting the stage for negotiations with Gov. Glenn ...

Many Americans think rushing through their taxes will get them a refund sooner. In most cases that may be true, but what ...