This year makes a new year with new tax laws. There's been a lot of talk in the media and online about proposed changes but few understand the changes that actually did make it into the new tax law. Not to worry, we've got the very talented and knowledgeable Jill Schlesinger, host of the Better Off Podcast and Jill On Money radio show (you might also recognize Jill from CBS This Morning and The CBS Evening News). On This Podcast Episode: Jill Schlesinger and I are demystifying the new tax bill and what you need to know going into this year to prepare your bank account for those changes. We'll discuss: We discuss the changes with the refundable child care tax credit What you need to know about HELOC loans and their current loss of deduction How a higher standard deduction could lead to more cash in your bank account What should you do as a freelancer or self employed business owner to position yourself for tax season Some tips for everyone for how to grow your wealth as a result of these tax changes Thanks for Tuning In: Hey Listeners! We want to get to know you better! “Millennial Money” is competing with other shows to get the most responses to a quick survey. It only takes a few minutes of your time and you can do it straight from your smartphone. Help us out and support the show by going to wondery.com/SURVEY and filling it out. That’s wondery.com/SURVEY Thanks for tuning in to listen to this episode of Millennial Money. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media. Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome! Want More: Shannah on Twitter Shannah on Instagram Disclosure: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) and financial strategies may be appropriate for you, consult your financial adviser prior to investing. There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.     See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices