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

President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break ...

The Rome Republican said she was considering all possibilities during a live taping of the "Politically Georgia" podcast in Washington on Thursday.

Jean M. Larsen / Executive Director / Legacy Endowment Last fall, the IRS released the new tax brackets for 2025, some of which will have an impact on an individual’s or couple’s charitable intentions ...

Learn how funding a Donor Advised Fund (DAF) can reduce your tax liability, avoid capital gains taxes and more.

Want to lower your tax bill while supporting your favorite causes? Find out how Qualified Charitable Distributions can help ...

The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which has now been expanded to 25 states. It allows taxpayers to submit simple tax returns directly with the government agency ...

ROCHESTER — A crowd of residents, concerned over large increases in their property tax bills, confronted the mayor and City Council Tuesday night. Emotions were strong and at one point ...

In cases where it doesn't, the IRS may reject your return. Tax software should always help you identify the issue, or give you access to an expert who can, and resubmit your return promptly.

Sen. Tony Sorrentino, a freshman lawmaker from Elkhorn, introduced the Opportunity Scholarships Act (LB509) that would give up to $100,000 in dollar-for-dollar tax credits to Nebraskans who donate ...