/Parents and Children

Top Ten Adoption Tax Credit Facts to Consider

By |2017-03-25T14:06:03+00:00March 25th, 2017|Individual Income Tax, Parents and Children|

source: IRS.gov Taxpayers who have adopted or tried to adopt a child in 2016 may qualify for a tax credit. Here are ten important things about the adoption credit: The Credit. The credit is nonrefundable, which may reduce taxes owed to zero. If the credit exceeds the tax owed, there [...]

Summertime Tax Tip

By |2012-07-06T10:02:02+00:00July 6th, 2012|Individual Income Tax, Parents and Children|

Source: IRS.gov Keep the Child and Dependent Care Tax Credit in Mind for Summer Planning During the summer many parents may be planning the time between school years for their children while they work or look for work. The IRS wants to remind taxpayers that are considering their summer agenda [...]