tax credits

New Tax Credit Exchange Sheds Light in a Dark Economic Corner

Many state and local governments offer businesses tax credits to give them an incentive to create jobs. A good deal -- unless your company's tax bill is already too low for tax credits to help. Enter, the new Online Incentives Exchange -- a place where companies can turn those credits into cash.

IRS To-Dos Before You Say 'I Do'

In many cases, getting married can mean big changes in your tax situation, and the sooner you start planning, the more likely it is you'll avoid some huge pitfalls that snare many newlyweds.

Your Taxes Are Due!

Unless you've filed for an extension, today is the last day to get your taxes turned in to the IRS. It also happens to be Tax Freedom Day, when the average American has worked enough to have paid their taxes for the year.

The Tax Break That Millions Miss Out On

There's a popular tax break out there that paid more than 26 million workers a total of nearly $59 billion last year. Yet as many as 1 in 4 of those who qualify for this tax credit failed to claim it, missing out on hundreds, or even thousands, of dollars. That break is the earned income tax credit.

12 Money-Saving Year-End Tax Tips You Shouldn't Miss

Although the end of 2011 is near, it's not too late to make sure you don't owe more to the IRS than you need to on April 15. Here are some tax-smart moves to make before you head out to that New Year's Eve party.

Beat the Clock on These 6 Vanishing Tax Breaks

They say good things come to those who wait. They also say he who hesitates is lost. But when it comes to half a dozen juicy tax breaks, it's the second "they" you should listen to, because he who waits until Jan. 1, 2012, to take advantage of them will be out of luck.

10 Most Overlooked Tax Deductions

Years ago, the fellow running the IRS told Kiplinger's Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of these deductions. Don't be one of those millions: Read on, and find out how to cut your tax bill to the bone.

Top Five Tax Resolutions for 2011

While the pains and pressures of this year's tax season are fresh in your mind, give some thought to next April 15. Here are five tips from the personal finance pros for making next year's tax filing season less stressful and more monetarily rewarding.

How to get energy tax credits in 2011

If you think you may have missed out on energy tax credits because you didn't get to those energy-saving improvements on your 2010 to-do list, think...

Five Common Tax Credits Explained

Tax credits are popular ways to reduce your overall tax burden. Credits are dollar for dollar reductions in the amount of tax due, so it's a pretty...

Obama Pushes His New Stimulus Plan

President Obama is speaking in Cleveland Wednesday, laying out more details of his plan to get the economic recovery back in gear: $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.

How to calculate tax credit

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...

Clean up with green tax credits

While the $8,000 first-time homebuyer tax credit is scheduled to expire next month, there are ways that everyone - not just first-time buyers -- can...