Greta Whelan
Posts by Greta Whelan
2021
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07.06
What Taxpayers Need to Know About the Child Tax Credit
As part of the American Rescue Plan Act of 2021, the IRS increased the amount of the Child Tax Credit and plans to issue up to 50% of the credit in the form of monthly advanced payments beginning July 15, 2021. Taxpayers may claim the remaining credit when they file their 2021 income tax return. […]