Tax Breaks for Parents

Who Qualifies as a Dependent for Tax Purposes?

Many taxpayers mistakenly pass up on valuable tax credits you can take for dependents.

How to Claim Child Tax Credits

If you have children you support, there are two different tax credits you should know about.

Tax Relief for Child Care Expenses

The child care tax credit and dependent care accounts could save you thousands of dollars.

Do You Qualify for the Adoption Tax Credit?

If you're thinking of adopting, don't miss out on this generous tax credit.

The Child Tax Credit and Dependency Exemption Under the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act made significant changes to the child tax credit and eliminated the dependency exemption.

The Kiddie Tax: Limits on Shifting Unearned Income to Children

Learn about the kiddie tax and changes to the rules for 2020.

Why It's Tax Smart to Hire Your Children

Your children can be a great tax savings device if you run your own business.

Hiring Your Children Can Save You Big on Taxes

Learn how changes under the Tax Cuts and Jobs Act mean your children can earn earn tax-free income at far higher amounts than ever before.