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Child Tax Credits

What is business life insurance?

Life insurance is an important part of a business. It may be used as a funding mechanism for your buy-sell agreement and as business interruption…


Tax Credits

What Are Tax Credits & How Do They Lower Your Tax Bill? Tax credits can help reduce your liability dollar-for-dollar. That being said, they generally…


5 Child Tax Credits Parents Can Claim

If you're a parent, you want to squeeze all the money out of your tax refund that you can. This includes adding all the child…


The Expanded Kiddie Tax and How to Offset It

For taxpayers with children under the age of 14, the Kiddie Tax was implemented in 1986 to insure that higher tax-bracketed parents did not transfer…


Planning for the Kiddie Tax

The Kiddie Tax requires that unearned income generated by children under age 19 (or 24 for full-time students) is taxed at their parents' rate rather…


Child Tax Credit Refunds

In order to potentially claim a refund of the Child Tax Credit, it is recommended that any and all other tax deductions or tax credits…


Filling Out the Child Tax Credit Worksheet

In order to potentially claim a refund of the Child Tax Credit, it is recommended that any and all other tax deductions or tax credits…


How to Get the Most Out of the Child Tax Credit

If you have met the basic requirements of the Child Tax Credit , primarily that the child be under the age of 17 by the…