Does This Child Tax Credit Change Impact You?
Withum
MARCH 2, 2022
With the kickoff of the 2021 tax season, many taxpayers are gathering their information and trying to determine how recent legislative changes may apply to them when filing their 1040. One of these changes was to the Child Tax Credit. Under the American Rescue Plan of 2021, the Child Tax Credit was increased and allowed for advanced payments during the year.
Let's personalize your content