As we previously explained in a prior blog post, The American Rescue Plan Act of 2021 makes substantial, temporary improvements to the child tax credit for 2021, which may increase the amount you might receive .The IRS will now be paying taxpayers the Child Tax Credit on a monthly basis rather than including it all on the annual tax return. They are scheduled to start being issued on July 15,...
Financial Resources & News
The American Rescue Plan Act of 2021 makes substantial, temporary improvements to the child tax credit for 2021, which may increase the amount you might receive. If you have qualifying children under the age of 18, you may be able to claim a child tax credit starting on July 15th. You may also be able to claim a partial credit for certain other dependents who are not qualifying children. But the...
How will the American Rescue Plan impact you? Read more here.
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