My cousin's first born was delivered at 11:40 pm on December 31. Perfect time for a tax deduction! All Moms would agree that the joy that comes from having a new baby is priceless! The sweet sounds of cooing, chubby cheeks and the intimate bond between parent and child can make any family feel rich with love. But, as any new parents can attest, raising children can have an impact on your checkbook, as well as your heart. In fact, the typical family spends more than $221,000 raising a child through age 17.
I am thrilled to pass along the news of a fun contest that might lighten the load of one lucky family! Thanks to TurboTax®, one "last-minute" baby will help his or her parents save a bundle.
TurboTax® the nation's No. 1 rated, best-selling tax preparation software from Intuit Inc. is conducting its 3rd annual nationwide search for America's Cutest Last-Minute Tax Deduction. The parents of one lucky baby, born in the month of December 2009, will win $5,000.
To enter, parents or legal guardians should submit a photo of their baby born between Dec. 1-31, to http://www.cutesttaxdeduction.com/. The deadline for submissions is January 7, 2010. Judges will select 10 finalists, and America will determine America's Cutest Last-Minute Tax Deduction and the $5,000 grand prize winner!
So if you or anyone you know has welcomed a new addition to the family this month, make sure you send them over to cutesttaxdeduction.com! What a way to ring in the New Year!