Who qualifies under the new IRS refundable credit rules? Treasury and the IRS proposed on August 19, 2026 to treat the refunded portion of the EITC, Child Tax Credit, American Opportunity Credit, and Adoption Credit as a federal public benefit under PRWORA — available only to U.S. citizens, U.S. nationals, and qualified aliens. For families,…
How do major life events affect my tax filing? Marriage, a new child, divorce, and the death of a loved one can all change your life events tax filing — from your filing status and withholding to the credits and deductions you can claim. Handling each event with the IRS the same year it happens…
How do major life events affect my taxes? Marriage, a new child, divorce, and the death of a spouse each change your filing status, your withholding, and the credits you can claim. The life events tax impact shows up on next year’s return — but the paperwork you need to update is due now, not…
How much is the Child Tax Credit for 2025, and who qualifies? For tax year 2025, the Child Tax Credit is worth up to $2,200 per qualifying child under age 17, with up to $1,700 refundable through the Additional Child Tax Credit. Income limits are $200,000 ($400,000 for joint filers). If you’re a parent filing…
Want to file your taxes for free in 2026? Learn how the IRS Free File program can help you save money and file securely if your income was $89,000 or less. Let’s be real, tax season usually feels like a looming cloud of stress and math, doesn’t it? I remember the first time I…
