9 Valuable Tax Breaks Parents Can Take Advantage Of Right Now
Most of the credits and deductions currently in the tax code focus on helping parents with the cost of childcare and education. But there’s also a credit—essentially, a more modest version of the one currently in the Biden relief plan—that rewards families for simply having children. And while many of the existing tax breaks are limited by income, not all of them are and, where there are restrictions, in some cases the cutoffs are higher than those for stimulus payments, allowing more parents to qualify....