Posts in:November, 2021

The New Child Tax Credit: What You Need to Know

Posted November 16, 2021 by admin

new child tax credit what you need to know

The Child Tax Credit (CTC) is a component of the American Rescue Plan and is designed to provide nearly all families up to $3,600 for each child under age 6, and $3,000 for each child between ages 6 to 17.

In past years, parents who filed annual taxes received a lower CTC as a part of their income tax return.… Read more