Marriage, Divorce & Family

“What tax credits can our family claim now that we have a new baby?”

Life eventQuick Question · 30 min · $95

Families with a new baby often find that several tax credits and related filing details can come into play, but the outcome usually depends on the child’s age at year end, who claims the child, and the household’s income and filing status. In many cases, the child tax credit, dependent-related benefits, and adjustments tied to childcare expenses may be part of the picture. Birth records, Social Security information, and how the baby is listed on the return can also affect eligibility. The exact mix of credits often varies based on whether both parents work, live together, or file separately. A targeted review with a CPA can turn the uncertainty into a clear next step.

In your 30-minute session, the KGOB advisor handling it will:

Read your exact situation and tell you, in plain English, what’s actually going on.
Lay out your options and the trade-offs — no jargon, no judgment.
Give you a clear next step you can act on, whether that’s with us or on your own.