Financial News & Trends

A clear explanation of this valuable exclusion and how it helps most homeowners.

While they’re both worth getting excited over, it’s important to understand the fundamental differences between tax credits and tax deductions.

Whether you meet with a tax professional or prepare your taxes yourself, proper planning helps the processes go more smoothly and may reduce the risk of costly errors.

Here are some things you might consider before saying goodbye to 2021.

There are a lot of questions about President Biden’s Build Back Better plan and potential tax law changes, including an adjustment to capital gains taxes. Many ideas are being considered as legislators look for ways to raise revenue to help pay for the Build Back Better plan.

If you have children under 18 in your household, you could be receiving an enhanced tax credit for the 2021 tax year. Here's what you need to know about this one-time change to the child tax credit.

The IRS has extended the tax filing season for a second time since the start of the COVID-19 pandemic. Here's what those who have yet to file their tax return need to know.

As an investor, there are several important variables to consider regarding your taxes. With tax season underway, keep these 5 tips in mind.

With tax season officially upon us, make sure to keep these 8 tips in mind when filing - especially if you received financial assistance in 2020 due to COVID-19.