Tax Tips For New Parents

By Mario McKellop
The birth of a child brings a number of changes in the life of a couple. One of the many significant life changes new parents experience is the impact having a child has on their tax status. Here are a few tips that will make that transition process easier.
Get Your Child A Social Security Card
Right off the bat, one of the first tax-related tasks new parents need to complete is ensuring that their newborn is issued a Social Security number. Typically, new parents can get the p