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Tax Tips

The 5 biggest tax breaks for parents in 2022

No matter how much you spend raising your children, the government does give you a break of sorts by offering credits and deductions at tax time. Here are some of the biggest.

Expanded child tax credit complicates filing season

Those who took the child tax credit may be in for a surprise change in their refund size, or other potential complications, highlighting the downsides of administering family programs without a plan.

Cryptocurrency investors face tax season challenges

Now that tax season is in full swing, taxpayers who participated in last year’s boom in cryptocurrency and other digital assets like non-fungible tokens (NFTs) are figuring out what it all means for their taxes.

5 ways to use your tax refund strategically

Taxpayers received an average tax refund of nearly $3,000 in 2021, according to the IRS, and it's possible to use this cash windfall to improve your financial situation.