Child Tax Credit increased.
An expanded child tax credit for 2021 is about to become law. After some procedural wrangling in the Senate, Congress approved President Biden’s stimulus package to help tackle the coronavirus pandemic and stimulate the economy. Because the Senate made some changes to the House-crafted bill, titled the American Rescue Plan Act of 2021 (“American Rescue […]
Stimulus Check Update
The American Rescue Plan Act is expected to be signed by President Biden on Friday, and stimulus payments could start being sent out within days of him signing. That means Americans could start seeing the money as early as next week. The first people to receive the checks are likely those who have direct deposit […]