Who pays if Congress kills the state and local tax deduction Among the many fights to be had over tax reform, a big one will be waged over the proposed repeal of the deduction for state and local taxes. It has a lot of bipartisan support in Congress and among state governors and local mayors.

Congress May Take Away Your 401(k) Tax Deduction As part of overhauling the U.S. income tax system, Congress is considering taking away your 401(k) tax deduction. What will happen to your nest egg?

Ivanka Trump Is Trying to Sell Congress on Her Regressive Child-Care Tax Deduction Wealthy couples will benefit most from this plan, leaving out poor families who spend huge portions of their income on child care.

New Clinton Child Tax Credit Could Help Low-Income Parents, But Cost Is $200 Billion The Democrat wants to double the credit for parents of children 4 and under. It would be paid for by a tax on Wall Street, the wealthy, corporations. Trump's tax plan would most benefit the wealthy.

What's the Minimum Credit Score for a Mortgage? If your credit history is less than stellar, you might be wondering: What's the minimum credit score for a mortgage? The post What's the Minimum...

What Happens to Your Credit Score When You Buy a House? What happens to your credit score after you've purchased a home? That's a complicated question with a complicated answer. The post What Happens to...

Library Of Congress Eliminates Use Of Term 'Illegal Alien,' GOP Fusses In the midst of what should be a relatively innocuous conversation about legislative spending, Congress has rekindled the clash over illegal immigration. This March, the Library of Congress ceased usage of the term “illegal alien,” arguing that i Read more ... t is demeaning. Republicans, bless ‘em, want the term ...

Will mortgage deduction remain sacred? GOP candidates float changes |... Republican presidential candidate Ben Carson is doing the politically unthinkable and openly talking about getting rid of homeowners' favorite tax...

Clinton’s Proposed Tax Credits Expand If you’re caring for an aging parent, deciding whether to invest in rural America or struggling to pay medical bills, Hillary Clinton has a tax credit for you.

Bad Credit? You Still Might Be Able to Get a Mortgage Can you really get a mortgage with bad credit? Yes, but there may be some hoops to jump through. The post Bad Credit? You Still Might Be Able to...