child credit

What the New Tax Law Deal Means for You

After a revolt by unhappy Democrats, the tax bill has finally passed. The Obama tax cut compromise extends Bush-era tax reductions on income, capital gains and dividends through 2012. But there were also some changes. Here's how the tax bill affects you.

Tax Tips: What is a tax credit?

A tax credit is one of the most valuable pieces of the tax calculation that a taxpayer could have. After you calculate the amount of taxes you are...