Know the Effects of the Advanced Child Tax Credit

02/14/22 • 40 min

Taxes can be intimidating. There’s a lot to understand. There are different types of income incomes to consider, different deductions, credits and a whole bunch more.

In this episode, we talk about what you should know about the Advance Child Tax Credit. How it’s different from the Child Tax Credit, the impacts of advance payments, what divorced couples should know, and how to plan and get help with your taxes.

My guest, Jerry Zeigler is a 20 year US Navy submarine veteran and a military spouse, who has experienced both sides of deployments. Jerry completed his MBA, is an Accredited Financial Counselor®, and an Enrolled Agent. He was a 2010 FINRA Foundation Military Spouse Fellow. As the owner of JZ Financial management, he provides virtual tax preparation, tax consulting, and financial counseling. Jerry is also a member of the Better Financial Counseling Network. Jerry is a SaverLife Tax Coach and who has authored several articles about taxes for them. SaverLife is a non-profit with the mission to create prosperity for working families by helping them save and invest in their futures. They do this by encouragement and gamification.

Jerry gives us all a heads up on the Advance payments for the Child Tax Credit so we can be prepared.

Show notes can be found here: https://laceylangford.com/podcast/advanced-child-tax-credit/

Taxes can be intimidating. There’s a lot to understand. There are different types of income incomes to consider, different deductions, credits and a whole bunch more.

Jerry gives us all a heads up on the Advance payments for the Child Tax Credit so we can be prepared.

Show notes can be found here: https://laceylangford.com/podcast/advanced-child-tax-credit/

Previous Episode

Why a Mindful Money Plan is Important

Blindly managing money isn’t a good idea. Being mindful of your money can help you make smart financial choices, reduce stress, and reach your goals.

In this episode, I talk with Tyson Koska about why having a mindful financial plan is important, how you can become more mindful and tools and resources to help.

Tyson is an Army veteran where he served as a helicopter pilot. He is the founder of OnTrajectory, a personal finance planning tool for individuals and professionals. After separating from the military, Tysons used his GI Bill to pursue his Bachelor's and Masters degrees and then spent the next 25 years in software development, working for large corporations in banking and insurance. Now Tyson is bringing easy-to-use and accurate financial modeling to the masses with OnTrajectory.

Tyson shares a lot of great advice on the power of being mindful and creating a plan that’s adaptable with software.

The show notes can be found here: https://laceylangford.com/podcast/mindful-money-plan/

Next Episode

What the True Costs of Homeownership Are

For most of us, buying a home is the single biggest spend we’ll ever make. Buying a house costs a lot of money but do you know how much the house you’re buying really costs?

In this episode, Danetha Doe shares some of the costs that come with homeownership that you’re probably not aware of until you’ve signed on the dotted line.

Danetha is a writer and financial wellness educator for Clever. Clever’s expert advice, reviews of service providers, and data-driven research help more than 12 million readers make smarter real estate decisions each year.

Danetha is also the creator of Money & Mimosas, a wealth education company for folks that move to the beat of their own drum.

Show notes can be found here: https://laceylangford.com/podcast/costs-of-homeownership/