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Are there any financial assistance programs that can help grandparents who are raising their grandkids? I'm raising two grandchildren and could use some help.
Money is often an issue for the millions of U.S. grandparents who are raising their grandchildren today. To help with day-to-day expenses, there are a variety of government programs and tax benefits that can make a big difference in stretching your budget. Here's where to look for help.
Financial Assistance Programs
For starters, find out whether your family qualifies for your state's Temporary Assistance for Needy Families (TANF) program, which may include cash assistance, food stamps and free or low-cost daycare. If your household... More
Both House and Senate leaders have appointed members of the bipartisan conference committee to finalize the Tax Cuts and Jobs Act. The House group will be led by eight Republican and five Democratic members. The Senate will send eight Republican and seven Democratic members.
The conference committee will be chaired by Rep. Kevin Brady (R-TX). He is Chairman of the House Ways and Means Committee. Other tax writer members are House Ranking Member Sander Levin (D-MI), Senate Finance Committee Chairman Orrin Hatch (R-UT) and Senate Ranking Member Ron Wyden (D-OR).
There are major differences in the House and Senate bills that must be reconciled by the conference committee.
Tax Brackets - The... More