9 Ways Parents Can Catch a Break

摘要

ALONG WITH THE PROSPECT OF $1,400 stimulus payments, parents have another reason to cheer President Joe Biden's $1.9 trillion pandemic relief package currently working its way through Congress: The legislation contains an expanded tax break specifically for families that could give most households $250 to $300 a month for each child younger than 18. You don't have to wait for the plan to become law, though, to nab big tax savings this year. Existing breaks could cut your tax bill or boost your refund by hundreds, even thousands, of dollars-if you know what's available.