Both federal and state governments give tax credits, such as the Child Tax Credit or Lifetime Learning Credit, in order to sustain and benefit the economy. A federal tax credit is granted by the ...

No tax on tips: Workers who receive tips can deduct up to $25,000 of qualified tip income on their federal return. No tax on ...

‍TLDR: If you're earning over $200,000 and have income beyond your regular paycheck—from stock options, restricted stock units, rental properties, side businesses, or investment gains—you likely need ...

Federal tax rules for retirees are shifting again, and this time the stakes are higher for anyone living on a mix of Social Security, pensions and part-time work. A new income threshold tied to a ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The experience with the tax bill enacted at the end of President ...