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How Much Money Can a Dependent Make & Still Be Claimed on Income Taxes?

If your dependent has earned income, you may still claim them. Limits hinge on qualifying child vs. relative, with 2025 rules raising stakes and credit eligibility....

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"My Dog's Not a Dependent?" And Other Embarrassing Tax Mistakes I've Made

Don't expect much common sense from the IRS! They have their own set of rules that you had better know about when it's time for tax season. Meredith admits to some of her early mistakes in this article so that you can stay on the government???s good side....

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Can I Claim My Adult Child as a Dependent for a Tax Credit?

Understanding the difference between a qualifying child and a qualifying relative is key for tax returns. To claim the $500 Credit for Other Dependents, your adult child must meet the 'qualifying relative' criteria. ...

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Daycare Costs Killing You? Here's How to Get a Tax Break Twice

Figuring out how to stretch your dollars when you're paying for childcare is no small task. Whether it's daycare, summer camp, or even adult dependent care, those bills add up fast. But here's the good news: Meredith has the inside track on a tax-saving strategy that can help soften the blow....

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Can Married People Filing Jointly With ITINs Claim Dependents?

Married couples filing jointly with ITINs can claim dependents if IRS rules are met, but credit eligibility changes based on SSNs, ITINs and status....

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What You Should Know About Connecticut Homestead Exemption Statute

Worried that bankruptcy may make you lose your home? Connecticut's updated homestead exemption could let you erase debt and keep your house....

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Betting on the Super Bowl in 2026? The Tax Rules Just Changed

Millions of people place Super Bowl bets each year. Fewer realize how those bets show up on a tax return... especially after a key rule change starting in 2026. Here's what's different, how winnings and losses are reported, and why timing matters....

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How to Sell Stock at a Loss & Still Come Out Ahead on Taxes

Selling a losing stock hurts, but the right tax move can soften the blow and lower what you owe....

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How Long After Filing Will You Know if the IRS Chooses to Audit You?

Worried about an IRS audit after filing your taxes? Here is how soon the IRS usually flags returns, what triggers audits and why most taxpayers have little to fear....

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Life Insurance & Taxes: Here's What Beneficiaries Should Know

Receiving life insurance money is usually tax-free, but interest, estates and employer plans can complicate things....

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Do Parents of Five Kids Really Pay No Taxes? Here's the Truth

Five kids do not make you tax-exempt, but they can slash your tax bill considerably. Here is how child tax credits really work and who qualifies....

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