Tax Breaks
Latest
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States That Won't Tax Your EV
State Tax Most states impose additional fees on electric vehicles, but these states don’t penalize EV owners, and some also offer other tax incentives.
By Kelley R. Taylor Last updated
State Tax -
Families and Businesses Would Get Big Tax Breaks in Bipartisan Tax Deal
Tax Changes A new bipartisan tax deal could change the child tax credit, R&D expensing, and the employee retention tax credit.
By Kelley R. Taylor Last updated
Tax Changes -
Non-Refundable vs Refundable Tax Credits: What’s the Difference?
Tax Credits Refundable tax credits and non-refundable tax credits can be confusing. Here’s how they work and how each can help you when you file your tax return.
By Katelyn Washington Published
Tax Credits -
The EV Tax Credit Changed Again New Year’s Day: What to Know
Tax Credits The federal tax credit for electric vehicles has changed again for 2024. Here’s what you need to know if you want to buy an EV.
By Kelley R. Taylor Last updated
Tax Credits -
New Florida Tax-Free Holiday: What to Know
Sales Tax Starting New Year's Day, Floridians can enjoy a second back-to-school sales tax holiday.
By Kelley R. Taylor Last updated
Sales Tax -
IRS Won’t Process New Employee Retention Tax Credit (ERTC) Claims
Tax Credits Due to an alarming amount of fraud, the IRS stopped processing new ERC tax credit claims.
By Kelley R. Taylor Last updated
Tax Credits -
Most-Overlooked Tax Breaks for Retirees and People Over 65
Tax Breaks If you're over 65, don't miss out on these overlooked tax breaks for retirees.
By Kevin McCormally Last updated
Tax Breaks -
Can You Withdraw or Repay Your ERC Claim?
Tax Credits The IRS says certain businesses can withdraw potentially fraudulent employee retention tax credit claims.
By Katelyn Washington Last updated
Tax Credits -
529 Plan Contribution Deadlines
529 Plans Many states have year-end deadlines for making 529 college savings plan contributions.
By Kelley R. Taylor Last updated
529 Plans