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

Instead, a tax on imported cars starting in April is now on the table, the GOP is seeking to repeal the current $7,500 tax ...

The FTSE 100 (^FTSE) and European stocks were mixed on Wednesday as traders digested news that UK inflation rose more than ...

Platreef, one of the world's largest undeveloped precious metals deposits, to be lowest cost platinum, palladium, rhodium, ...

Two House Republicans and two House Democrats are teaming up on a bill that would expand the child tax credit to $6,000.

Republican senators have introduced legislation to not only eliminate the federal EV tax credit but also add a new tax on EVs ...

In a rollercoaster turn of events, Hyundai and Kia EVs are expected to again qualify for the full $7,500 federal tax credit. With new models rolling out this year, the Korean auto giants expect ...

Used electric car and PHEV buyers can currently get up to a $4,000 tax credit, but the Trump administration's plans may change thatA 2020 Toyota Prius Prime Plug-In HybridBy Keith BarryBuyers of ...

With the SUV market still being set ablaze by consumers ... and the fact that the car can tow more than 7,700 lbs. is a bonus. Additionally, it comes in Range Rover spec, meaning that the driver ...

Do you drive for business, charity or medical appointments? Here are the details regarding claiming mileage on taxes.

Donald Trump's vow to implement a 25% import tax on all steel and aluminium entering ... though he acknowledged that billions of pounds of bullion had left and been flown across the Atlantic ...