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It’s a bittersweet tale for homeowners in Van Buren Township.

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Tax credits and tax deductions are two common ways people lower their income tax bills. Although similar in intention, these two tax-reduction methods have fundamental differences and are not interchangeable. Knowing the difference can have a big impact on your bottom line.

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What’s Your Reaction? Sometimes in Washington, the bar is set pretty high. On the third day of her confirmation hearing, Elena Kagan was grilled by Lindsey Graham about her abortion views, chided by Arlen Specter for side-stepping questions and quizzed by Amy Klobuchar about the “Twilight” series.

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What’s Your Reaction? WASHINGTON A former top executive of American International Group Inc. says he told the truth about the company’s losses while defending its compensation plan.

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Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength.

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