Welcoming a new child into your family is a mixture of joy, excitement, and added responsibility. But even if you’re exhausted from the midnight feedings, make sure to take the time to follow these important tax tips for new parents. Full story
Schools out for summer and you may have been trying to figure out more ways… Full story
The kids are out of school, the air has warmed up, the swimming pools are packed, and everyone wants to find something fun to do. We’re all looking for an enjoyable summer this year, but that doesn’t mean you have to break the bank. Full story
There are no words that can describe the feeling of becoming new parents. The happiness a new baby brings into a family is a wonderful thing. However, the cost of having a child can be a shock to new parents. Here’s more about those tax benefits and how you might qualify.
It was the answer my parents had to the age old question: What do I do with my kids? If you have kids, this might be something you’re struggling with. This is especially important if you are a parent that works or you are deciding whether to enter the work world in the summer. One way that you can improve your peace of mind — and possibly even save money — is by sending your child to a day camp. 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
Whew! Summer is almost over and it’s back-to-school time for many. I can hear the cries of joy from so many parents. Not only is it challenging to think of ways to keep them busy, but the costs of activities can break the bank. Check out our infographic on how much Americans spend sending their kiddies off to Amusement Parks during the summer.
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
Both deductions and credits reduce how much tax you pay, but how both impact your taxes is quite different. Find out how they are different and find out about the different tax credits available at tax time. Full story
A potential tax credit that can trim your tax liability next April. Properly claimed, the Child & Dependent Care Credit could equate to considerable tax savings. Full story