TaxACT Blog Bottles, Diapers, and 7 Tax Benefits: Life with a Newborn

Updated for tax year 2024. There’s no doubting it — having kids is expensive. Between paying for diapers, daycare, and many other baby supplies, new parents can quickly find themselves overwhelmed financially. Fortunately, several tax advantages are available to parents to alleviate some financial responsibility. 1. Claim the Child Tax Credit. The Child Tax Credit […] The post Bottles, Diapers, and 7 Tax Benefits: Life with a Newborn appeared first on TaxAct Blog.