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 ...

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 ...

While it has led to an impactful reduction in child poverty, the number of impoverished children can — and should — be lower.

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 ...

The IRS began accepting tax returns on Jan. 27, but if you want to claim the child tax credit, you might be waiting awhile ...

Trump made several policy pronouncements after winning election, but he did not call for ending child tax credits for child support recipients.

Brian Fitzpatrick (R-Pa.) said the child tax credit benefits about 40 million families annually, and invited a Virginia mother, Margaret Marple, to speak. “As a stay-at-home mom and raising kids at ...

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.