Mid-Year Tax Tip - Are You Expecting Major Life Changes?

If you are planning on a child graduating and going out on their own, having a baby, having a child start college, retiring, or even becoming the primary care-giver for an aging relative, you may have hidden tax deductions you weren’t aware of. These and many other major life changes can provide many tax deductions and credits that you can plan for now to maximize your tax benefits at tax time.