The proposal is the legislature’s opening revenue offer in budget negotiations with Democratic Gov. Wes Moore amid a ...

I didn't do as much to lower my taxes during 2024 as I would have liked, but it's not too late to find ways to reduce my tax ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

The bill illustrates the legislature’s opportunistic take on what an ‘emergency’ is and the degree to which Trump is shaping ...

While both offer tax relief, they do so in different ways. Understanding the difference is essential since deductions and ...

Tax software is a type of software program that’s designed to guide users through the process of preparing and filing their ...

The government considers interest on CDs, savings and other deposit accounts as taxable income. That means you must report it ...

“The Child Tax Credit (CTC) is a tax credit for eligible families with dependent children under age 17 at the end of the tax year. Taking the credit can help lower your tax bill dollar-for-dollar—and ...

Birth injuries are life-altering events, and they often require extensive medical care, therapies, and long-term support. If ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?