http://www.etax.com <br />If you have children, you may be entitled to beneficial tax credits. There are a few credits that are specifically targeted towards parents, and can be extremely helpful when it comes to saving money or offsetting the costs of raising children. <br />In most scenarios, you can claim your child as a dependent, including children just born in the current tax year. The following credits are available for parents who meet the qualifications: <br />Child Tax Credit <br />Child and Dependent Care Credit <br />Earned Income Credit <br />Adoption Credit <br />Higher Education Credit