As the 2025 tax season unfolds, understanding the nuances of the child tax credit can significantly impact your financial ...

An individual must have also lived outside of the state for the entire calendar year prior to the first tax year in which a ...

Meanwhile, some 8.8m retirees receive up to £678 each pay period through the Basic State Pension. It's crucial for those ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

The child tax credit is always one of the most popular credits claimed during tax season, but there are some things you ...

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out ...

Yet rich parents often want to give more. Here are the (sometimes barely legal) ways they get it done. A trust distributes ...

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

Do you support a spouse or common-law partner, or a dependant with a physical or mental impairment? The Canada caregiver credit is a non-refundable tax credit that may be available to you. Who can you ...

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