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Poll of the Day
What kind of grant do you need from the government?

Child Tax Credit Eligibility

In addition to the Credit for Child and Dependent Care expense, the Child Tax Credit can also be claimed by taxpayers who have a child below age 17. This credit will reduce your tax expense. The child tax credit can reduce the amount that you owe for taxes. If your current tax liability is less than the child tax credit then you may be eligible for the additional child tax credit.

You qualify for the Child Tax Credit if you meet the following tests:

  1. Citizenship Test. Your dependent must be a U.S. citizen or resident.
  2. Residence Test. A foster child below age 17 must have lived with you as a member of your household for more than half of the taxable year. There are some exceptions to the residence test, which can be found in IRS Publication 972, Child Tax Credit.
  3. Age Test. To qualify, a child must have been under age 17 – age 16 or younger – at the end of the taxable year.

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Government Grants - How to Get Approved?

Government grants are awards of financial assistance to an individual and/or organization. Grants are used to carry out a government authorized purpose, and are not provided as personal benefits or assistance.

That is money awarded to finance a particular activity or facility. Federal agencies and other organizations sponsor grant programs for various reasons. Most grants are the result of an identified need. A public or private entity  often  appropriates  funds  to  develop  resources,  conduct  research  or support existing  services or projects.

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Available State Child Care Programs

Are you a working mom, or a single mother? Or a stay-at-home mom who would soon join the labor force out of necessity or choice? Nannies are quite expensive and most of the time, they’re not easy to find. Your young child needs high quality child care because he needs it for a healthy development of his personality and intellect.

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What is an Earmark Grant?

The Earmark grant is the type of grant that has funds given by the Congress for the different specific purposes or projects of the grant receiver. In the earmark grant, there is always a process of appropriation. The congress would grant the lump sum of money going to the Federal agency every year and the management of the money goes to the Executive branch.

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What Information Will I Need to Register with Grants.Gov?

DUNS Number

To register with, the first thing you have to do is to get your own DUNS number. Check if your organization has DUNS number because if it has no DUNS number, then you need to obtain one from the Dun & Bradstreet website. Obtaining your own DUNS number is free of charge so you can easily have a number. It is important to have your own organization DUNS number.

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