The IRS recently released a list of 2021 Recovery Rebate Credit FAQs to help you with your upcoming tax return. Here are the most popular questions.
On November 5, The House of Representatives passed the $1.2 trillion bipartisan infrastructure bill. It is expected to be signed by President Biden this week. Known as the Infrastructure Investment
Most people understand the value of setting aside money for retirement. There could be, however, an added bonus for building up your nest egg. It’s called the saver’s credit. Formerly
Earlier this week, the IRS issued guidance on how the advance Child Tax Credit payments may be affected by certain custody arrangements. For divorced parents who share custody of their
If you’re a parent, you most likely benefited from the stimulus checks this year. There’s no guarantee, however, that these will continue into 2022. Thankfully, there is a new child
The Earned Income Tax Credit (EITC) can give taxpayers with low-to-moderate income a substantial financial boost. According to the Internal Revenue Service (IRS), the average credit amount was $2,476 in
Each year, approximately 135,000 children are adopted in the United States. One out of every 25 families with children has an adopted child. The adoption process can be long and