Raising children is expensive. At least when it comes to taxes, kids can help reduce the amount you owe Uncle Sam. Here are six child-related tax credits parents may be able to take advantage of ...

U.S. President Donald Trump has not laid out a new law banning parents who receive child support payments from claiming child ...

The median annual cost, according to the study, is $22,850. Which is why, politicians have been talking about the Child Tax Credit in recent years, which could save families thousands of dollars. As ...

Doing so can also help reduce your tax liability, since you are essentially shifting some of your business income to your kids. Paying your child a wage similar to what you would pay a worker who ...

A rumor that Donald Trump was signing a bill that would bar child support recipients from claiming the child on ...

Laws are in place preventing anyone claiming a child tax credit from getting their refund before a certain date, so how long will you be waiting this year? Thomas Kika Writer Thomas is a native of ...

4 Genius Things All Wealthy People Do With Their Money Experts explain eight ways to give money to your kids without paying ...

The future of the child tax credit and its value is now in the hands of the Republican majority in Congress, and a new ...

It’s important to note that if you do make a split gift, you must file IRS Form 709, a gift tax return. If you’re feeling charitable toward your kids, you can also go over the gift limits.