The Child Tax Credit (CTC) allows you to claim up to $1000 per child under age 17 as an additional exemption. It takes that amount directly off your tax bill. It also doesn’t affect the exemptions you take for your dependents. It is much better than a simple tax deduction. If you have a child or are responsible for a child under age 17, you qualify for the CTC. You must file Form 1040 or 1040A in order to claim the child tax credit.
You’re probably straining your family budget if you’re paying a babysitter to care for your child while you are away looking for a job or trying to keep a job. You could start saving that money if you qualify for child care assistance. Quality professional child care has been helping families and communities to prosper. The primary source of funding for child care assistance is the federal Child Care and Development Block Grant (CCDBG) Program. Last year, 2010, the total CCDBG funding was $6.044 billion.
American minorities are sometimes denied unintentionally of opportunities for them to succeed in ways the majority do. Women, in this case, are not exempted, but there are many opportunities that make up for the lack of any financial support. One of these opportunities is the grants.
In a typical grant application, you will need to provide a cover letter, summary, and the actual body. If you are not sure and this is your first time writing one, you have to check out some great grant application examples. With the aid of the internet, it is possible to find information that can help you in finishing this task.
The application procedure to receive grants can be tough. It is important that you know how to write a grant application. From the grant, you can expect to receive the needed financial assistance, but you will need a comprehensive plan in order to get favorable attention. It is up to you whether you will file the application with a government entity or with a foundation. The basic guidelines are almost the same. In fact, application or proposal forms are readily available upon inquiry.