The lifetime learning credit is a frequently overlooked tax break that can help pay for education expenses. It can be worth up to $2,000 per tax return for an unlimited number of years. Unlike the ...

Education tax credits include the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Tax Credit (LLTC). These credits can make college more affordable, but there are income restrictions.

Here's what to know about income tax ahead of tax season, including what it is, how it works, how to calculate it and which ...

Tax season can serve as an unwelcome reminder to teachers that they don’t earn as much as they would like to, a problem exacerbated in recent years by continuous increases in the cost of living and ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

The message outlines readiness for the Income-tax Act, 2025 through training and system upgrades. The key takeaway is a focused transition built on clarity, capacity building, and taxpayer ...