Income Taxes
IRS – Adoption Tax Credit and the Benefits of Qualified Adoption Expenses
Overview of Adoption Tax Benefits This credit seems pretty direct, but a lot of paperwork. Then again, if you're adopting a kid, the paperwork's not…
IRS – What Do I Do With an IRS Adjusted Refund Letter?
I must have been doing something right for years -- I've never heard of this Adjusted Refund letter. An Adjustment Notice is a letter sent…
IRS – That $10,200 Unemployment Tax Break Makes Me Wonder, “How much will I get back?”
What is the Unemployment Tax Break? The pandemic unemployment credit.Is this still accurate? The recent $1.9 trillion COVID-19 stimulus bill signed by President Joe Biden…
IRS – Can I Deduct My 529 Contributions on My Federal Tax Returns?
Definition of 529 Contributions I think I might start a 529 just for the tax benefit! A 529 plan is an educational savings plan that…
How Long Can You Claim a Child as a Dependent?
Claiming your child as a dependent can provide significant financial benefits, including tax credits and deductions. However, as your children grow older and start to…
Can I Claim my Adult Child as a Dependent?
Parents who have adult children who still depend on them financially may wonder if they can claim them as dependents on their tax returns. In…
How to stop child support from taking tax refund
Falling behind on any payment is never a good thing. But falling behind on child support payments can have ramifications on your finances -- it…
Tax Topic 152
You logged into the "Where's My Refund" tool to check your refund status, and now you see a message with the words "Refer to Tax…
