More Families May Be Eligible for the Child Care Credit/Dependency Exemption
BY PHIL GOLDSTEIN Managing Partner, Goldstein, Lieberman and Co. The Tax Cuts and Jobs Act (TCJA) made significant changes to the child credit. This credit is generally available to taxpayers with children under the age of 17, but the new law adds a new (smaller) credit for other dependents. Here are the details. Old Rules – Under […]