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Family and Taxes

IRS Child Tax Credit Payments

Eligible Families Received $300 Direct Monthly Payments As of 2021, there were important changes made to the Child Tax Credit (CTC) that expanded eligibility and…


Tax Credits for Families With Children And Dependents

Households With Kids or Other Dependents May Qualify for These Tax Breaks There are a variety of federal tax breaks available for taxpayers with children…


Personal and Dependent Exemptions

Facts About Claiming Exemptions on Your Tax Return UPDATE: You are no longer allowed to claim personal and/or dependent exemptions on your income tax return.…


Federal Tax Break for Child & Dependent Care Expenses

IRS Tax Credit for Parents & Guardians Did you pay for daycare, summer camp, or a babysitter to care for your kids during 2018? Or…


Apply for a Trust Tax ID (EIN) Number

The process of applying for a Trust Tax ID (EIN) Number can be a somewhat stressful one, especially if you don’t know what you’re doing.…


What is a Trust? | A Guide to Types of Trusts and their Purposes

A trust is a legal arrangement which can help you to control your assets and possessions.  Often, trusts can help to reduce taxes on your estate…


Estate Tax ID (EIN) Number Obtainment Guide

Steps to Obtain your Estate Tax ID Number Online   Let's face it, dealing with the death of a loved one is never enjoyable; but…


7 Year-End Tax Tips

During the month of December, consider these year-end tax tips that could save you money when April 15th comes around. 1) Give to Charity If you…