Gov. Kay Ivey signed the “Working for Alabama” legislative package, which included the child care tax credit bill.

That 7.5 per cent includes the value of the family home – and this shows how treatment of assets can change depending on the scenario or tax heading. For instance, if you were to sell the family ...

Another perk of home equity loans is the potential to write off the interest paid to lower your tax bill. That said, you must meet a few rules and requirements to be eligible for this tax deduction.

Child care-related turnover and absenteeism causes a significant impact on Hoosier employers, according to the Indiana ...

Many older homeowners have benefited from soaring home prices in recent years, but as they look to cash in and downsize, some are discouraged by a federal tax that applies to a growing number of ...

Union Budget 2025: The upcoming Budget presentation by FM Nirmala Sitharaman is just a week away. In the recent past, the new tax regime has been the main source of relief for individuals in the ...

The current array of tax benefits for families is too complex, and it favors some familial arrangements, such as full-time work and paid child care, over others, such as stay-at-home moms or ...

From humidfiers and air purifiers to cozy loungewear, these home finds will help make the inevitable sick day (or two!) more comfortable. If you're struggling with a runny nose, sore throat ...

Depending on your income level, that means your take-home pay might increase this year or your tax bill could decrease next year. Even if your salary didn't change, you might have dropped into a ...

You can significantly reduce the cost of owning a second home by claiming tax deductions for mortgage interest, property taxes, and rental expenses. You can also deduct interest on certain home ...

Some of the tax changes directly affected taxpayers who own a home or plan to purchase one. One of the eliminated measures changed tax benefits for home equity loan interest. Much of that ...