by Andre Falls | May 26, 2021 | Taxes
On July 15, the IRS will start sending monthly child tax credit payments to eligible American parents. If you qualify, the total amount of monthly payments you receive from July to December 2021 will equal 50% of the child tax credit you would otherwise get when you...
by Andre Falls | May 18, 2021 | Taxes
The child tax credit is bigger and better than ever for 2021, which should make things a little easier for families taking a financial hit during the COVID-19 pandemic. Thanks to the American Rescue Plan Act of 2021 (“American Rescue Plan”), the credit...
by Andre Falls | Apr 28, 2021 | Taxes
Families are getting a bigger and better child tax credit for 2021. And, if President Biden gets his way, most of the credit enhancements will continue to be available for several more years while full refundability of the credit will be permanent. Thanks to the...
by Andre Falls | Apr 20, 2021 | Taxes
After doubts about whether it was up to the task, the IRS says it’s on schedule to start sending monthly child tax credit payments this summer. The American Rescue Plan offers American families a bigger and better child tax credit for 2021. For this year...
by Andre Falls | Apr 8, 2021 | Taxes
Are dollars, documents and deductions on your mind this month? Even if you trust your tax preparation to a professional, here are some tips that are particularly relevant given the changes that have taken place over the past year. Perhaps some of them are pertinent to...
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