Learn how dependent care FSAs offer tax savings on childcare and adult care expenses. Discover eligibility, contribution ...
Discover how dependent care benefits can offer tax advantages and flexible spending options for caregiving employees. Learn ...
The Child Tax Credit and the Additional Child Tax Credit can be a helpful moneysaver for parents and guardians.
Not all of the credit is refundable, but a significant portion still is. The IRS says the refundable share of the Child Tax ...
If you pay or receive child support, you may have questions about tax rules for child support and how this could affect your income tax filing. The IRS recognizes the role of parents and guardians for ...
If you’re a parent or caregiver working or looking for work, you might benefit from a special tax break to offset the costs ...
The child and dependent care credit helps you recoup some of the costs of paying for care while you’re at work. The value of the credit is a percentage of the expenses you paid. That percentage varies ...
State Rep. Gary Click, a Baptist pastor in Fremont, the Sandusky County seat, has introduced a bill that would expand the definition of the state’s dependent child tax credit to include those still in ...
Want to unlock tax savings? Claiming a dependent on your tax return can reduce what you owe or boost your refund. But if you’re divorced, share custody or unsure about eligibility, the IRS rules can ...
The 2025 tax season is officially upon us, and depending on where you live, you might be eligible for an additional, state-level child tax credit. Thomas is a native of upstate New York and a graduate ...
In a popular online video, a Democratic congresswoman, among others, claimed the U.S. House Republicans' "One Big Beautiful Bill Act" lowers the age of a dependent from 18 to 7. The budget bill does ...
• The federal coronavirus response package will send direct payments of up to $1,200 to American adults earning less than $75,000. • Each qualifying child claimed as a dependent on income tax returns ...