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Tax and Financial News

Tax Breaks for Helping Relatives

It’s not uncommon for adult children or siblings to act as caregivers for family members or give them financial assistance for medical or long-term care needs. The problem is that all too often those providing the help don’t take advantage of the tax benefits. Types of Care Caregiving happens through […]

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Child Care Credit

If you are paying a facility or an individual to watch your children this summer, you may benefit from the dependent care credit, often referred to as the “child care credit.” The American Rescue Plan Act (ARPA) signed into law earlier this year increases the tax benefits associated with this […]

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