tax breaks for families

The Child Care Tax Break Many Parents Overlook

Thanks to confusing and often misunderstood rules surrounding child-care tax breaks, the author has overpaid Uncle Sam to the tune of $1,000, missing out on $200 in tax savings each year for the past half-decade. Read on to avoid her mistake -- unless you enjoy filing mounds of amended returns.

Senate Republicans Block Tax Cut Extensions

The Senate failed to pass a bill that would have extended tax cuts for all but the richest Americans on Saturday, falling nine votes short of the two-thirds majority needed.