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.
Did you have a baby this year? If so, congratulations on the little tax deduction! Fortunately, along with your new baby, your family is now eligible for new tax deductions as well. Don’t overlook the tax advantages that come when you add a new member to your family. Full story
Congratulations on graduating college! Now that you’re done with school and ready to embark on life in the “real” world, it’s a good idea to get a handle on your tax situation. Here are 4 things you need to know about taxes as a college grad. Full story
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
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
Questions regarding dependents can be tricky and odd. They can leave you wondering if you can take a tax deduction or credit. Check out this cool infographic with questions and answers to help you. Full story
A dependent is an individual that relies on you for financial support. Being able to claim a dependent on a tax return allows for a number of tax-related benefits. One of the most popular questions we see each tax season is “Can I claim my girlfriend/boyfriend?” Full story