Being aware of how the IRS operates and remaining vigilant against suspicious communications can help you avoid falling victim to scams. Always take the time to verify any claims and remember that legitimate government agencies will not pressure you for immediate payments or personal information.
If you paid someone to care for your child, spouse, or dependent last year, you may be able to claim the Child and Dependent Care Credit on your federal income tax return.
As we enter the New Year, take the time to establish a household budget that aligns with your financial goals.