Retirees Targeted by Tax Fraud: Can They Avoid This Surprise?
Many retirees are unfortunately becoming victims of tax fraud and scams. These scams not only steal their hard-earned retirement savings, but they can also leave them with a surprising tax bill. A recent report by the U.S. Senate Special Committee on Aging, chaired by Senator Bob Casey (D-Pa), revealed this troubling trend. The report found […]
Don’t Sweat This Summer: This Child Tax Credit is Your Secret Weapon
Summer break is a carefree time for children, but for working parents, it can be stressful to find childcare. The good news is that the federal government offers tax breaks for child tax credit that help to ease the financial burden of summer childcare. Let’s explore two options that can help you save money: Dependent […]