Archive for January, 2013

What is the Child Tax Credit?

Posted by Kristen on January 2, 2013

What is the Child Tax Credit? The Child Tax Credit is a tax credit you can claim for each child depending on your income. You may be able to claim up to $1,000 per qualifying child under 17 years old. This tax credit can be claimed in addition to credit for child dependent care expenses. […]

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Congress passed the fiscal cliff deal last night. As part of the deal most of the Bush tax cuts set to expire at the end of 2012 will remain in place for people earning less than $400,000 ($450,000 for couples). If you earn over those amounts in 2013, your tax rates will go up. Also […]

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