Category Archives: Child Tax Credit

Find the latest updates and information about the Child Tax Credit Act here!

Why You Can Expect A Smaller IRS Tax Refund In 2023

Changes to tax rules for charitable contributions and the end of pandemic-related stimulus and credits could mean less money for you. It’s highly likely your tax refund will be smaller in 2023, the Internal Revenue Service is warning, as pandemic-era programs continue to expire. Some tax credits that boosted refund bottom lines since 2020 are…

IRS updates FAQs for 2021 Child Tax Credit and Advance Child Tax Credit Payments

The Internal Revenue Service today updated frequently-asked-questions (FAQs) for the 2021 Child Tax Credit and Advance Child Tax Credit to help eligible families properly claim the credit when they prepare and file their 2021 tax returns. This extensive FAQ update (FS-2022-03) PDF includes multiple streamlined questions for use by taxpayers and tax professionals and is being issued…

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