Child Tax Credit Archives - Page 4 of 7 - FREE Yourself from IRS Problems

How Your Job Hunt Could Lower Your Taxes

For taxpayers seeking a new job in their same line of work, a tax deduction for some job search expenses may be available. First and foremost, these expenses must be related to a job search in a taxpayer’s current occupation,…

Shamsey Oloko August 31, 2016 American Opportunity Tax Credit, Child and Dependent Care Credit, Child Tax Credit, Earned Income Tax Credit (EITC) 0

Finally! Congress Enacts Tax Extends Part 1

The Consolidated Appropriations Act of 2016, enacted Dec. 18, 2015, extends a long list of expired tax provisions into the future. Unlike past extension legislation, Congress extended many provisions permanently. In more traditional fashion, some of the others were extended…

Shamsey Oloko August 30, 2016 Child Support, Child Tax Credit, Form 8332 0

The Importance Of Form 8332

Divorced taxpayers with children that fail to include an executed Form 8332 with their tax return will lose the exemption for that particular tax year. Form 8332 (Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent) allows…