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Can I Claim a Child on Taxes With 50/50 Custody?
SmartAsset via Yahoo Finance· 1 month agoClaiming one or more dependents on your taxes can yield some valuable tax benefits, including the ability to claim the child tax credit and the child and...
What Is the Earned Income Tax Credit (EITC)?
SmartAsset via Yahoo Finance· 1 year agoThe Earned Income Tax Credit (EITC) reduces tax bills for low-to-moderate-income working families. It's a tax credit that ranges from $560 to $6,935 for...
Tax relief for Massachusetts residents is on its way. The questions are when, and how much?
Worcester Telegram & Gazette via Yahoo News· 1 year agoBOSTON — Tax relief for all Massachusetts residents who filed 2021 returns is on the horizon, at...
What is the first-time homebuyer tax credit?
Bankrate via AOL· 1 month agoKey takeaways A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax...
Tax refund shock: Why less money back is expected in 2023
GoBankingRates via AOL· 1 year agoTax refunds are a big silver lining of enduring winter — but, if you’re expecting a big check in...
How inflation and taxes hit giant profit-sharing checks for autoworkers
Detroit Free Press via Yahoo News· 1 year agoInflation takes an ugly toll on our buying power as consumers. That’s true even if you receive one...
Who Qualifies For the Child and Dependent Care Credit?
SmartAsset via Yahoo Finance· 1 year agoHiring someone to care for your loved one so you can continue working is a common practice in the...
How Does a Credit Shelter Trust Work?
SmartAsset via Yahoo Finance· 1 year agoA credit shelter trust is used to help married couples with significant assets pass their estates after their deaths to children or other beneficiaries...
Saving money: Enrollment starts soon for this new military benefit
Military Times via Yahoo News· 6 months agoA new benefit is coming to military families — the Dependent Care Flexible Spending Account, which...
Expert Advice on 3 Tricky Tax Situations
GOBankingRates via Yahoo Finance· 2 years agoUnless you're an accountant with a passion for work, it's hard to imagine that anyone enjoys tax season. But 2021 threw several curveballs that could...
