dependent exemption

  1. Tax Benefits for Parents: Credits, Exemptions & Deductions

    Tax Returns Tax Benefits for Parents: Credits, Exemptions & Deductions

    Your child can bring some additional joy to your life during tax season. The federal government recognizes the significant costs involved with raising children. As a result, the Internal Revenue Service (“IRS”) provides special tax benefits for parents. The following list of tax credits...
    • Michael Wechsler
    • Article
    • 4 min read
    • adoption tax credit child care tax credit dependent exemption earned income tax credit student loan interest deduction tax deductions
    • Category: Tax Law
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