IRS Tax Mistake Bill Passes US House in 'Win for Taxpayers'
Supporters of the proposed legislation say it addresses a long-standing gap in taxpayer communication, reducing confusion.
What’s the Difference Between a Tax Credit and a Tax Deduction?
As you file federal taxes, deductions and credits can help lower your tax bill — but they do so differently. Deductions reduce your taxable income by allowing you to subtract certain expenses ...