11 percent fewer Black families received their 2021 government stimulus checks than white folks. Meanwhile, 50 percent of Blacks (and only 22 percent of whites) say they are counting on that money to survive.
In many shared custody arrangements, co-parents agree to claim children as dependents in alternating tax years. Stimulus payments have thrown a wrench into this practice. Here's what experts say single parents should pay attention to.
The IRS doesn't make much simple when it comes to doing taxes. But for divorced or legally separated parents, our guide will help cut the confusion around how to decide who can claim the kids as dependents.