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Tax Tips for Parents
Rearing your children and preparing them for the world is a time-consuming and expensive affair. For this reason, when you are filing your taxes, you should do everything in your power to take advantage of all of the credits and deductions at your disposal. If you are intimidated by the code’s, credits and forms a quick internet search to find a tax accountant near me can help. The newly enacted tax code passed by Congress in 2017 will alter how you file your taxes in 2019. Below, we will discuss some of those changes and give tax tips for parents. The Dependent Exemption Has Been Replaced Under previous tax laws,…