Who Qualifies as a Dependent for Tax Purposes?

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

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 this generous tax credit.

Dependency Exemption for Children of Divorced Parents

As a general rule, the custodial parent gets the entire exemption when they divorce.

The Kiddie Tax: Limits on Shifting Unearned Income to Children

Learn about the kiddie tax and changes under the Tax Cuts and Jobs Act.

Why It's Tax Smart to Hire Your Children

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

Deducting Your Childrens' Wages: Watch Out for IRS Scrutiny

Learn what the IRS looks at when determining whether wages paid to a child are deductible.