If your parents are getting older, and you’re starting to handle some of their medical or personal bills, there are some smart ways to help financially -- without putting yourself in an economic hole. Here are three financial tips to ...
Q: Can I claim the child tax credit plus the child and dependent care credit? A: As long as you legally qualify for both credits, you are allowed to claim both the Child Tax Credit and the Child and Dependent ...
The Child and Dependent Care Credit became permanent starting with the 2012 tax year – giving working individuals with kids and other dependents a major way to offset their childcare and dependent care expenses. The Dependent Care Credit allows you ...
]Nobody likes to pay taxes. In fact, most people prefer to get a little something back from the IRS after filing a federal tax return. Even though it’s more prudent, financially speaking, to break even – or have to write ...
All taxpayers want to lower their tax bills. One way to do it is by claiming tax credits to which you may be entitled. A tax credit is better than a tax deduction, because a tax credit gives you a ...