Beyond renewable energy, we also took advantage of hiring-based tax incentives, such as the Work Opportunity Tax Credit (WOTC), which provided tax reductions for hiring employees from specific target ...

Have you found this content useful? Use the button above to save it to your profile. Making Tax Digital for Income Tax (‘MTD IT’) will be implemented from April 2026. HMRC is already contacting agents ...

The Borno State Internal Revenue Service (BOIRS) has reported a record revenue of N28.3 billion in 2024, exceeding its initial target of N19.3 billion by 46 percent. During a press briefing in ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software ...

The Earned Income Tax Credit, or EITC, provides tax relief to millions of low- to moderate-income Americans, although the IRS estimates that one in five eligible taxpayers don’t claim it on ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer ...

The Digital File My Return service is no longer available. To file your tax return, select one of the options listed below. There are several ways to do your taxes, including options that are free and ...

Shomari Figures is the newest member of Alabama’s delegation, and one of two Democrats — the most the House has had from his state in nearly 15 years. Figures ran for Congress after a federal ...

Commissions do not affect our editors' opinions or evaluations. When you fill out your annual federal income tax return, you can either take the standard deduction or itemize deductions to reduce ...

A tax shield is a reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations ...

FG Trade / Getty Images Claiming a son or daughter or other dependent can lower your tax bill in 2025 in four key ways. You don’t want to miss out on these important tax-saving opportunities.

WASHINGTON, DC - FEBRUARY 13: A sign for the Internal Revenue Service (IRS) is seen outside its ... [+] building on February 13, 2025 in Washington, DC. (Photo by Kayla Bartkowski/Getty Images ...