For that time in a person’s life when he or she begins to take care of their parent, its important to know that the IRS allows those individuals to claim their parents as dependents on their tax return. Full story
If you or your spouse served in the Military in 2012, you should know that there are some provisions in the tax code that will help you save some money. Full story
Kids can be overwhelming when they are cooped up in the house in the wintertime, but they are also blessed tax-savers when you file your tax return this time of year. Here are some of the tax benefits for having children and other dependents. Full story
“What or Who is my Dependent?”, continues to be the most asked questions every tax season and with dependents helping you qualify for tax breaks we see why you’re asking. You may be wondering, “can I claim my mother, brother, girlfriend, cat?” Here is our motion graphic to help you. Full story
There are few, if any, joys in life that can be compared to the birth of your child. Yet, in the middle of such happiness, someone always seems to tell you how expensive a child will be in the 18 years that you’ll be responsible for them.
Luckily, children can actually save you a pretty substantial amount of money – on your taxes. Here are some of the ways you can save. Full story
As the extension deadline is coming up, don’t feel like you have to rush through your paperwork. There are many reasons you want to review everything to help you with taxes. If you are a parent, having a little one (or not so little one), can give you some big tax benefits. You may already know you can deduct $3,700 for each dependent as an exemption on your tax return. However there are a couple more tax credits that all parents should review to save more on your taxes. Full story
Becoming parents for the first time last year has been the biggest change in our lives. One of the first decisions we made when confirming the big news was starting a baby fund for our little one and our family. If you want to create a baby fund you need to figure out how much you want to save up. Here are some baby related expenses to consider when calculating the amount that is right for you. Full story
Congratulations to all of the summer newlyweds! As you start your new lives together I wanted to offer some financial tips that helped us when we first got married as well as a few items I wish we learned sooner. Hopefully it’ll help you build your finances together. Full story
The first day of summer ( Summer Solstice) is June 20th, and with it, comes weeks away from the daily grind. Of course, summer vacation is just a myth for American adults. As for parents, they must prepare for challenge number one: keeping their children busy without breaking the bank. Fortunately, there are ways to send kids to summer camp and receive a tax savings. Find out more here. Full story
Did you have a baby? Along with the new bundle of joy here are some tax benefits you should know about. Full story
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