With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

IRA funds can be withdrawn to put toward a home purchase, but depending on your age and circumstances, there may be financial ...

A new study from Princeton University warns that the repeal of IRA tax credits could decimate the growing EV manufacturing sector.

Farmers and environmental groups are suing the Trump administration over its decision to pause grants that are part of the Democrats’ climate, tax and health care law. They are challenging the ...

Here are some key tax moves seniors should make before the April 15 tax filing deadline: ...

The Inflation Reduction Act (IRA) of 2022 significantly enhanced the Section 179D deduction, making it even more valuable for ...

IRA contributions are often tax-deductible, but your eligibility for a full, partial, or no deduction depends on factors like ...

At age 55 with $900,000 in a traditional individual retirement account (IRA), converting $100,000 per year to a Roth IRA ...

Perhaps no segment of the nascent electric vehicle industry has had a sorrier few years than commercial trucking. Since 2022, ...

The first reason many people can retire earlier than expected is the tendency for spending to decline with age. According to ...

House Republicans argued that the tax incentives are essential for achieving US energy dominance and have attracted significant investments to their districts. The clean hydrogen production tax ...

For perspective, let's imagine you invest $500 monthly into an IRA and average 10% annual returns for 20 years. After those two decades, you would have around $343,650 in your account (not accounting ...