By: Wolters Kluwer on May 1st The IRS has reminded taxpayers that time is running out for them to claim refunds for tax year 2020. The reminder says that May 17 is the deadline for claiming those refunds. People who want to claim tax refund for 2020 need to file their...
Child Tax Credit: Which Divorced Parent Gets to Claim It? If you want to share the Child Tax Credit with your ex-spouse, you’ll need to create your own arrangement. Income taxes might not be at the top of your to-do list after a divorce, but the complications of...
How Much You Could Get and Who’s Eligible If you have children, this credit has been providing a nice boost for your family during tax season. If you have any children under the age of 17, including any born during 2023, you could be eligible for the child tax credit....
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