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After a summer of fun and adventure, the time has come for kids to start getting ready to head back to school. It also means it’s the time of year for stocking up on school supplies like notebooks and pencils…
According to the National Center for Education Statistics, 1 in 5 public schools required students to wear uniforms as of the 2017-18 school year. These can be anything from identical outfits marked with the school’s name or logo to a…
After a long, pandemic-haunted winter that forced many Americans to stay home more than they’d like, the prospect of warm weather and the outdoors is a welcome one. Outdoor transmission is technically possible, but it’s also rare. A February 2021…
Governments in the United States expect both biological parents to support a child financially, medically, and emotionally, whether or not they live together or with the child. When parents don’t live with their child, the court can order them to…
There’s nothing wrong with giving an allowance to start teaching kids about money and finance. But they can learn even more from earning money in a small business. Although elementary-aged and tween children might seem too young for entrepreneurship, it…
Back-to-school time has become its own shopping season, falling just behind back-to-college and Christmas in terms of family expenditures, according to the National Retail Federation. In 2020, the NRF reported record back-to-school spending, with parents spending an average of $789.49…
Divorce is hard. It can be stressful emotionally, mentally, physically and financially. When you add tax issues – already a confusing subject – divorce doesn’t get any easier. Following a complicated divorce, filing taxes sometimes becomes even more complex than when…
If you pay for day care, you may be eligible for a tax credit to offset some of your federal income tax bill. This credit applies to qualifying children who were under the age of 13 when the care was…
When most people think of claiming a dependent on a tax return, they think of a child who lives with them. Historically, the Internal Revenue Code (IRS) has allowed taxpayers to claim a “personal exemption” for themselves as well as…
During tax season, do you spend hours or even days wrestling with old receipts, canceled checks, W-2 forms, 1099s, and statements from your banks, credit card companies, and mortgage company, trying to document every possible deduction and lower your federal…
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