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Final Child Tax Credit Payment Opt-Out Deadline is November 29
Tax Breaks The due date for opting out of the December 15 monthly child credit payments is almost here. Missing the deadline could cost you in the long run.
By Rocky Mengle Published
Tax Breaks -
Child Tax Credit Payment Deadline: Get Up to $1,800 Per Child If You Act Today
Tax Breaks There's only a few hours left for people who normally don't need to file a tax return to sign up for an advance child tax credit payment.
By Rocky Mengle Published
Tax Breaks -
Cryptocurrency and the Wash Sale Rule: A Tax Loophole That May Soon Go Away
capital gains tax For now, cryptocurrency investors don’t have to worry about the wash sale rule. But the days of selling and immediately repurchasing virtual currencies may be numbered.
By Riley Adams Published
capital gains tax -
Child Tax Credit 2022: How Next Year's Credit Could Be Different
Tax Breaks President Biden wants to extend the enhancements made to the 2021 child tax credit – but with some important differences.
By Rocky Mengle Published
Tax Breaks -
Your Final Child Tax Credit Payment Can Be Adjusted for Income Changes (But There's a Deadline)
Tax Breaks If your income has gone up or down this year, consider adjusting your final monthly child tax credit payment. But you need to act soon.
By Rocky Mengle Published
Tax Breaks -
Are the Rich Paying Their Fair Share of Taxes? How About You?
income tax How does your tax bill compare to millionaires and billionaires? Our handy tool will tell you where you rank as a taxpayer.
By Staff Published
income tax -
COVID-19 Home Test Kits and PPE are Tax Deductible
Tax Breaks You can also pay for home testing kits and personal protective equipment with FSA and HSA funds.
By Rocky Mengle Published
Tax Breaks -
I Have Shared Custody of My Child: Should I Get Monthly Child Tax Credit Payments?
Tax Breaks Which parent receives monthly child tax credit payments depends on your most recent tax return. Plus, some parents who are receiving payments should opt-out of them.
By Rocky Mengle Published
Tax Breaks -
How to Change Your Address for Monthly Child Tax Credit Payments
Tax Breaks If you're receiving paper checks in the mail for your child tax credit payment, you can use the IRS's online portal to update your address.
By Rocky Mengle Published
Tax Breaks