LegalSmart

Tip of the Month

Tip of the Month - November 2018

WHAT EVERY PARENT SHOULD KNOWABOUT THEIR TAXES

Under the new tax code, the child tax credit will increase from $1,000 to $2,000 beginning in tax year 2018.

Additionally, the adoption credit continues to be worth up to $13,750 per child. You should see these changes when you file taxes in April 2019.