From the child tax credit to annuity tips, here are Forbes’ latest personal finance headlines.<\/b>
\nThis is a preview of Sound Money, Forbes\u2019 free weekly newsletter about pressing issues that matter to your financial well-being: personal finance, investing, taxes and retirement. Click here to get it delivered to your inbox. Not even the warm summer months can provide a respite from taxes, as Senate Democrats move ahead with their $3.5 trillion spending package \u2014to be paid for, presumably, with higher taxes on the rich and corporations. On the flip side, the deal would also include expanded tax breaks for kids and green energy. Read on for more on the child tax credit that rolled out on Thursday with $15 billion in payments, plus inflation updates, annuity tips and all that other fun stuff. Still confused about the new Advanced Child Tax Credit that launched Thursday? Here\u2019s some last minute advice. As some progressives continue to push for wealth taxes (as well as higher income taxes on the rich), the drawn out litigation between the IRS and Michael Jackson\u2019s estate show how they could be an administrative nightmare. With back-to-school shopping on the horizon, stretch your dollar further with state sales tax holidays. Just one day after British billionaire Richard Branson briefly jetted off to outer space, his rocket company Virgin Galactic filed to sell $500 million in stock. Grayscale\u2019s new crypto-heavy digital large-cap fund is now registered with the SEC, and it has a path to convert into an exchange-traded fund. In a rare return to Twitter yesterday, dogecoin\u2019s cofounder blasted cryptocurrencies as \u201cinherently right-wing, hyper-capitalistic technology.\u201d After insisting for months that recent inflation was \u201ctransitory,\u201d Fed Chair Jerome Powell has finally changed his tune. The job market is red hot these days, but a new poll found that nearly one third of unemployment benefit recipients turned down job offers during the pandemic. Novel graphic: Help Wanted Everywhere Source: Natixis Annuities aren\u2019t exactly cheap, but it\u2019s still possible to get your money\u2019s worth. Last month, the FDA approved a controversial and expensive new drug to treat people with Alzheimer\u2019s disease, but will Medicare pay for it? From contributor John Wasik, here\u2019s an argument for leaving your home to your children. Plus, learn why a guardianship could be a necessary solution for adult children with impaired aging parents. Bitcoin rewards banking products (like a credit card that earns you 1.5% bitcoin back on all purchases) are making it easier to invest in the volatile cryptocurrency. Student loan repayments are set to resume in October, so make sure you are prepared with the answers to 10 common questions about the resumption. Lastly, a major student loan servicer just announced plans to exit the business. If you are one of the 8.5 million customers affected, here are 7 steps you can take to protect your finances right now.<\/p>\n