Do you have children or any other dependents in your household? Then the chances are you’ll be able to claim the Child Tax Credit. You may have already claimed this credit in the past, but for this year there are some major changes as a re…

There is good news this year on the medical front. Medical expenses may be expensive, but uncovered medical expenses are deductible when you itemize your medical deductions, to cut back on the cost. Before you get too excited, along with t…

One of the largest changes for The Tax Cuts and Jobs Act of 2018 has to do with the changes to the child tax credit. Child tax credits are available for low- and moderate-income families to help offset the costs of children, and for qualif…

The popularity of cryptocurrencies is increasing day by day. Currently, the market cap of Bitcoin is equal to 1.149 trillion USD. You may wonder why this trend is getting more and more common. This is because cryptocurrencies are not only …

It feels great to get a high price for the sale of your home, but watch out: The IRS may want a piece of the action. That’s because capital gains on real estate are taxable sometimes. What many people do not know is that a large portion of…