A tax dependent is someone with connections to you that permits some tax deductions and credits like the head of household, the child and dependent care credit, the child tax credit,...
When it comes time to work on your taxes, there are a lot of things that you can do to make sure that you are going to save as much money as possible. You don’t want to finish out...
Paying taxes is a burden everyone has to bear but the Internal Revenue Service provides taxpayers some relief in the form of its deductions and credits. Most often, people are...
Want to reduce your tax burden? Learn what the term ‘dependents’ mean as defined by the IRS. You will be happy to know that you can save up to $4,000 income tax for...