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Fatherly
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TAX SEASON IS UPON US. AS ALWAYS, IT’S IMPORTANT TO GET A HANDLE ON EVERY
AVAILABLE CREDIT AND DEDUCTION TO HELP PUT YOU AND YOUR FAMILY ON FIRMER
FINANCIAL GROUND. FORTUNATELY, SOME OF THE MORE POPULAR BREAKS OFFER A BIGGER
BENEFIT THAN IN YEARS PAST. HERE ARE 20 IMPORTANT DEDUCTIONS TO KNOW.
MONEY
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THE TAX DEDUCTIONS ALL PARENTS SHOULD KNOW
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DON'T LEAVE MONEY ON THE TABLE BY IGNORING THESE CREDITS AND DEDUCTIONS.
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READ THE STORY
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TIPS AND TRICKS
DON’T FORGET ABOUT THAT CHILD TAX CREDIT
THE AMERICAN RESCUE PLAN ACT INCREASED THIS INCOME-BASED CREDIT TO AS MUCH AS
$3,600 FOR EACH CHILD UNDER AGE 6 AND TO $3,000 FOR EACH KID AGED 6 TO 17. BUT
MOST PARENTS ALREADY RECEIVED HALF OF THAT IN THE FORM OF MONTHLY PAYMENTS FROM
JULY THROUGH DECEMBER OF LAST YEAR. “THAT WAS AN ADVANCE, SO YOU MAY GET A
SMALLER CREDIT WHEN YOU FILE YOUR TAXES AND THEREFORE A SMALLER REFUND,” SAYS
LISA GREENE-LEWIS, A TAX EXPERT WITH TURBOTAX.
IF CALCULATING YOUR REMAINING CREDIT SEEMS CONFUSING, DON’T FRET. THE IRS SENT
OUT LETTER 6419, WHICH LISTS THE AMOUNT OF CHILD TAX CREDIT PAYMENTS YOU
RECEIVED IN 2021 AND THE NUMBER OF CHILDREN USED TO CALCULATE THOSE PAYMENTS
FURTHER READING
* 6 MONEY-SAVING TIPS TO REMEMBER AS THE COST OF EVERYTHING INCREASES
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* WHERE TO PUT YOUR MONEY WHEN INFLATION IS ON THE RISE
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* HOW TO BUY A CAR IN TODAY’S CRAZY MARKET
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FROM OUR FRIENDS
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ONE DAD’S MUST-HAVES FOR MOVING FAMILY FUN OUTDOORS THIS SPRING
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SPRING IS SYNONYMOUS WITH WARM BREEZES RUSTLING THE LEAVES, THE COMFORTING BUZZ
OF LAWN MOWERS STARTING BACK UP, AND THE COLLECTIVE SIGH OF RELIEF FROM PARENTS
EVERYWHERE AS THEY CAN ONCE AGAIN SEND THEIR KIDS OUTSIDE TO PLAY. NO ONE KNOWS
THIS FEELING BETTER THAN PETER MUTABAZI
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A FATHER OF FOUR WHO USES HIS SOCIAL MEDIA PRESENCE TO SHARE HIS FAMILY’S
JOURNEY FROM FOSTER TO ADOPTION, SPOTLIGHTING THE WILD BUT WONDERFUL RIDE THAT
IS SINGLE FATHERHOOD. WHEN IT COMES TO GETTING KIDS OF ALL AGES AND STAGES TO
UNPLUG AND GET OUTSIDE, MUTABAZI KNOWS HOW CRUCIAL IT IS TO FIND WAYS TO MAKE IT
HAPPEN.
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WORK
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THE 4-DAY WORK WEEK IS HERE: 38 NORTH AMERICAN COMPANIES START PILOT PROGRAM
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THE THEORETICAL SCHEDULE JUST GOT A STRONG ENDORSEMENT.
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LOVE
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HOW TO MAKE BETTER JOINT DECISIONS WITH YOUR PARTNER
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TEAMWORK MAKES THE DREAM WORK.
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FURTHER READING
* 8 COMMUNICATION EXERCISES ALL COUPLES SHOULD DO
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* IS THE DIVISION OF LABOR FAIR IN YOUR MARRIAGE? HERE’S HOW TO FIND OUT
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* DEBUNKING THE MYTH OF THE 50-50 MARRIAGE
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TV
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THE STAR TREK ‘STRANGE NEW WORLDS’ TRAILER SETS PHASERS TO VERY FUN
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STAR TREK'S OLD-SCHOOL SPACE ADVENTURE LOOKS LIKE A BLAST
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