Ways Children Lower Your Taxes- Tip #5

From Carol McAtee’s CPA firm in St. Petersburg, FL-

5. Adoption Credit: You may be able to take a tax credit for qualifying expenses paid to adopt a child.

If you have questions about dependents or other tax related issues, please call us 727-327-1999. We’d be happy to assist you.

ANY TAX ADVICE IN THIS COMMUNICATION IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, BY A CLIENT OR ANY OTHER PERSON OR ENTITY FOR THE PURPOSE OF (i) AVOIDING PENALTIES THAT MAY BE IMPOSED ON ANY TAXPAYER OR (ii) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY MATTERS ADDRESSED HEREIN.

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