Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you can make them work for you.

Don’t automatically save your IRA for last. If you’re close to triggering an IRMAA surcharge or jumping into a higher tax bracket, pulling a bit from your Roth IRA could keep your income below ...

As January trudges along, many of us have already started receiving the alphabet soup of yearly tax forms. While beginning to organize documents and preparing to file taxes for last year, it also ...

The new program, Direct File, helped low- and moderate-income taxpayers file their returns more easily, and had been ...