tax credits

Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make capital improvements now rather than later.

President Barack Obama plans to propose billions of dollars worth of tax breaks for businesses, several of which are similar to proposals that previously enjoyed strong Republican support.

We are all used to the April 15 income tax deadline, which has come and gone. But many are now bracing for a brand new deadline: the planned termination April 30 of the government's popular tax credit for first-time home buyers. In a news release from the National Association of Realtors, NAR...

The best kind of house to own is one that needs love. Even in the current downtrodden market, the price for a fixer-upper is significantly less than you'll pay for a home on which someone has lavished attention. The good thing about buying a fixer-upper is you're not paying extra for someone...

We've been seeing a lot of stories about people who say they're healthy and shouldn't be forced to waste the money on health insurance. For example, a recent story in The New York Times talks about a man who earns about $25,000 and never bought health insurance and doesn't think he needs it. He...

As April 15 gets closer, many taxpayers are stressed out about getting their tax returns completed and filed on time. Here are 10 tips to help you get your tax return prepared and filed with the least amount of worry possible: 1. Tax professional or DIY? Before you get started, you'll need to...

No use complaining. It's coming, whether we like it or not: April 15th is on the way. But on the plus side, if you're thinking about your taxes already and not trying to make sense of everything on April 14, then you have some time to ponder what gifts Uncle Sam has come up with to make paying...

As the federal government's Cash for Appliance Clunkers program begins, consumers may find themselves in a stew of confusion over when clunker rebates are available, how much they'll get and from where. The rebate clock is already ticking in Connecticut, Delaware, Illinois, Kansas, New Jersey,...

Taxpayers often use the terms "deduction" and "credit" as though they're the same thing, but they're not. They're actually very different terms, and being aware of the distinctions between the two can help you make good choices at tax time -- and maybe put some extra money back in your pocket. A...

Cash for Caulkers, the Obama administration's push to subsidize home energy efficiencies via tax credits, faltered before 2009 came to a close -- but is expected to return this month. So let's take a breath and ask some basic questions, such as whether such credits will work and what models around...