15 Minutes of Finance

The Tax Plan: Let's be thankful for family this week and talk about the child tax credit

Brandon West, CPA

The Tax Plan walks you through various tax planning strategies to help you keep more of your hard earned money. Today, we focus on family and talk about the Child Tax Credit. Learn about what your income needs to be to earn the full amount of the credit, how to claim the credit, who qualifies, and how much this could help you at tax time. Plus, learn the basics of the Childcare Tax Credit and what to do to substantiate this credit at tax time. Happy Thanksgiving!