Published 3 years ago

FACT SHEET: Biden-Harris Administration Announces Child Tax Credit Awareness Day and Releases Guidance for Unprecedented American Rescue Plan Investments to Support Parents and Healthy Child Development

Summary by The White House

President Biden’s American Rescue Plan included historic investments to support low- and middle-income parents – who have long faced increasing financial

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The National Interest

Child Tax Credit Update: The One Thing That Could Impact Your Stimulus Money

Ethen Kim LieserTaxes, AmericasThese enhanced child tax credits, made possible via President Joe Biden’s American Rescue Plan, will allow families to claim a credit of up to $3,600 per year for a child under the age of six and up to $3,000 for children between ages six and seventeen.In only about a month, the Internal Revenue Service will begin disbursing the newest “stimulus” checks to eligible Americans.These enhanced child tax credits, made p…

3 years ago·Washington, United States

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The White House

FACT SHEET: Biden-Harris Administration Announces Child Tax Credit Awareness Day and Releases Guidance for Unprecedented American Rescue Plan Investments to Support Parents and Healthy Child Development

President Biden’s American Rescue Plan included historic investments to support low- and middle-income parents – who have long faced increasing financial

3 years ago·Washington, United States

Read Full Article

Accounting Today

IRS offers guidance on American Rescue Plan tax credits

The Internal Revenue Service is providing information about the child and dependent care credit and the paid sick and family leave credit, which were expanded under the American Rescue Plan.

3 years ago

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