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Received Child Tax Credit & Share Custody? How To Navigate Tax Filing

If parents share custody of a child, the IRS determined which parent received the 2021 advance child tax credit payments based on the information on taxpayers' 2020 tax returns, or their 2019 return. ....

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How Your Child Tax Credit Benefit Could Be Affected the Earlier You File

Families that received enhanced Child Tax Credit payments in 2021 will be eligible to claim even more money this year in the form of tax refunds during the current filing season. But you might. ....

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Teens & Taxes: Can I Declare My Teenager as a Dependent If They Have a Gig Job?

The gig economy is growing and even teens are getting in on the freelance action. From tutoring to graphic design, teens can find gig work galore to help pave the way toward a secure financial future.. ....

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Teens & Taxes: Can I Declare My Teenager as a Dependent if They Have a Full-Time Job?

Most parents strive to raise self-sufficient teenagers and young adults. For many parents, that means fostering a sense of financial independence in their children. Parents may be proud when their. ....

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