The Child and Dependent Care Tax Credit helps taxpayers offset the cost of care for qualifying dependents. This credit applies to a percentage of eligible care expenses but is nonrefundable, meaning it can reduce tax liability to zero but does not generate a refund.

This article explains the qualifications for a taxpayer to claim the head of household filing status. It is not an exhaustive list of  requirements and you should consult your tax professional for specific guidance on your current situation. Visit the IRS website for more information on claiming the head of household filing status.

An explanation of casualty loss relief afforded by the IRS for victims of  federally declared disasters resulting in casualty losses, disaster losses and qualified disaster losses.