Tax Guide » Tax ExemptionsTax ExemptionsTax help in caring for an aging parentMillions of adult children find themselves looking after aging parents. If you qualify, tax laws offer some help.The many blessings (and tax breaks) of childrenChildren are expensive. But parents can take advantage of several child-related tax breaks.Name and Social Security number coordinationNonmatching name and Social Security number on a tax return could mean costly problems.Properly defined dependents can pay off at tax timeKids depend on you for a lot, but at tax time they could pay off when you claim them as dependents.2012-2013 estate tax and gift tax amountsWhether you give away substantial amounts of money during your life or after, you may have to pay tax.2010 exemption amountsYou can take an exemption for yourself, your spouse and each dependent you claim.Tax exemptionsWhat is considered a tax exemption? Read stories about tax exemptions here.
Tax Guide » Tax Exemptions
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