A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

British finance minister Rachel Reeves received more bad news on the public finances on Friday after January tax receipts came in lower than expected, barely a month before she gives an update on ...

Britain notched up a record Government borrowing surplus in January, according to official figures, but higher spending ...

With roaring increases in revenue and substantial growth in the crypto market, here’s what we thought of Coinbase stock.

The Internal Revenue Service (IRS) fired dozens of Denver employees Thursday, beginning President Donald Trump’s broader purge of the agency’s workforce, according to Axios. Between 120 and […] ...

I’ve discussed the changes to IRC Section 174 at length in previous articles, warning about the TCJA’s change to research and ...

Tennessee approved $1.5 billion in corporate tax refunds, but the state recently backed out of $75 million federal program to feed hungry children.

It’s laudable that residential construction defects laws in Colorado are being reexamined. A key element in any legislation should be making sure that dwellings are properly built in the first place.

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...

The majority of employees shown the door at the federal tax collector are newly hired workers focused on compliance.

Amendments to exclude anyone earning less than $12,000 annually and to trim the EIT to a half percent are rejected. EIT cast ...

Columbus City Council members on Tuesday night gave initial approval to an agreement they indicated they would consent to back in July that was a large contributor to making a 110-unit affordable ...