It’s Fix the Tax Code Friday! I was chatting with a client today who mentioned that her tax picture should be better this year because she had a baby. Poof! An extra exemption.
Should we allow parents to receive an exemption simply for having children? And if the child doesn’t live with the parent, should that parent be entitled to claim the child as an exemption?
POSTED IN: fix the tax code friday, individual
tax news, tax info and tax policy - and it’s not as boring as you think!
Written by Kelly Phillips Erb [email] for b5media.
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