I admit, that for years I faced tax day like it was some day made in hell, sweating and worrying for weeks before and then shamefully hiding my head in the sand for another year after it passed and I had yet to get my act together. But it’s not healthy to live like that, so I had to figure out how to handle this monster.
Children are a wonderful asset so take advantage of them. Make sure you check to see if you are eligible for the Child tax Credits, and the Additional Child Tax Credit (I missed that one year), Earned Income Credit and many others. As a small business owner, my goal has always been to make enough money to live, but not enough money to owe taxes. I love those tax credits that help me fulfill that goal.
Happy Tax Day!