Tag: CTC

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On January 28, 2022, the federal government launched a new website to help families claim the second half of their Child Tax Credit, for those who chose to receive monthly payments. (It also helps you figure out how to claim your credit if you didn’t claim any payments yet.) The first half of the child tax…

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Stimulus payments are being sent out by the federal government this fall. The next payment is scheduled to be delivered in about three weeks. The payments are part of the American Rescue Plan that President Joe Biden signed into law in March. In the middle of October, most American families will receive another payment as part of the expanded…

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In all the complexity of tax preparation, it is easy to miss a deduction or credit. This is a particular advantage to utilizing a professional tax service because they ask all the questions you may otherwise overlook. Here is a look at some of the most commonly missed deductions and credits. Tuition and Fees Deduction…

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