Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you can make them work for you.

Ex-Tennessee House Speaker Casada, top aide pardoned by Trump, White House confirms Antonio Brown, former NFL star, arrested ...

Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to ...

The IRS has revealed the 2026 tax brackets and increased standard deductions, providing slight tax relief for high earners ...

The IRS has confirmed that tax refunds in 2026 will be higher due to tax adjustments, new benefits and changes in tax rates. That's why in irs we tell you what changes, who will be ...

The 'Big, Beautiful Bill' increases some major tax deductions for the 2025 tax year, but also ends other credits. The bill raises the standard deduction by $750 to $1,125 for taxpayers who don't ...

WASHINGTON — The Internal Revenue Service announced this week that Americans will see modest increases in standard deductions and tax bracket thresholds for 2026, part of the agency's annual inflation ...

The IRS has increased the capital gains tax income thresholds for 2026. You'll need this information to help minimize your ...

Learn how HELOC interest can be tax-deductible when used for home improvements, and understand the IRS rules and limitations for tax benefits on your home equity loan.

Annual adjustments protect you from "bracket creep" — when inflation pushes you into a higher tax bracket even though your buying power hasn't increased. For example, a married couple filing jointly ...