The Buzz

News & Press Releases


How the expanded Child Tax Credit works

Jun 23, 2021

The American Rescue Plan temporarily increases the Child Tax Credit in 2021 — the second most widely claimed individual tax break in the code — and allows people to claim a portion of the credit July through December, instead of all at once at the end of the year. Families can now receive the tax credit even if they have little or no employment income. Click here for more information.

The Latest