The Opportunity Zone program, promoted by Ivanka Trump and her husband Jared Kushner — who are both senior White House advisers, could also benefit them financially, an Associated Press investigation found.
If you're sneaking cash payments to your nanny in 2018, you can expect to miss out on this $1,050 tax credit. How to clean up your books and get a break, as well.
Dec. 31 is a key deadline if you want to shore up your savings and lower your tax bill for 2018.
A new tax proposal that will address a package of 2018 tax breaks, as well as bundle of retirement savings initiatives, has arrived. Here's what you need to know.
Your lawyer might be the first person you call if you're ending your marriage. Be sure that you reach out to your CPA next. Here's what you should know about the "head of household" tax status and what it means for you.
CNBC's Phil LeBeau reports on General Motors and Tesla lobbying to raise the tax credit on electric vehicles and Axios's interview with Tesla CEO Elon Musk.
Uncle Sam has spent a good part of 2018 reminding you to look at your paycheck to make sure you're withholding the right amount of tax. It turns out few people are actually listening, according to Liberty Tax.
Depending on where you live, your daycare expenses are almost on par with the cost of going to college. There are a few tax-friendly ways to soften the blow — including this opportunity at work.
Lawyers warn that certain tax credit programs could be affected by upcoming IRS and Treasury guidance affecting high-tax states.
You can help head off an unexpected tax bill by using the withholding calculator from the IRS. Just be sure to float your data by your accountant before you raise or lower the amount of taxes pulled from your pay.
On already slender salaries, teachers contribute their own money for classroom supplies.
If you've crunched the numbers on your pay stub, be sure to float them by your accountant before your raise or lower the amount of taxes pulled from your pay.
Say hello to the health savings account. It's your next pot of retirement dollars. How to get the most out of your account.
Many people are mistaken about the key factors that determine their credit score. Worse, they don't know the three easiest ways that can quickly pull it up.
Tax breaks from your state are just one factor in choosing the right 529. Here's what else you should consider.
Whether you've moved to Canada or fled across the ocean, the IRS wants to know more about your holdings in foreign accounts. Only half of Americans abroad realize this.
Lawyers warn that the IRS could take a closer look at state programs that grant a hefty tax credit in exchange for donations to certain government programs.
Entrepreneurs love a tax break. Here's how to determine whether you're eligible for this one.
If you own a small business, you just might qualify for a 20 percent tax deduction. Here's the problem: A number of business owners are still uncertain as to whether they can take it.
Connecticut, New Jersey and New York have recently passed laws that will allow taxpayers to dodge a cap on their ability to claim a key tax break. The only thing that's missing is an "OK" from the IRS.