Family and Taxes
Taxable vs. Non-Taxable Income
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Taxable_vs_Non-Taxable_Income_Explained.mp4"][/video] Generally speaking, the IRS considers almost every type of income under the sun to be taxable income. No surprises there, right?…
Understand the Child Tax Credit 2025: Key Changes & Benefits
Curious about the Expanded Child Tax Credit 2025 and how it can benefit your family? This article breaks down the latest updates, eligibility criteria, and…
IRS Has New Online Tools to Help Families Manage Child Tax Credit Payments
Advance Child Tax Credit Assistance is Available There have been several recent and important changes to the federal Child Tax Credit, thanks to President Biden’s…
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.…
