New $3000 Child Tax Credit Could Raise Issues for Divorced Parents
Share Photo: (Photo : Photo by Anastasia Shuraeva from Pexels) The American Rescue Plan Act signed into law on March 4 included a new child tax credit that will offer a significant financial boost to millions of Americans. The new law provides updates to theย new child tax credit, $1,400 stimulus checks, and expanded unemployment insurance. Families will receive a $3,000 annual gain per child aged 6 to 17 and $3,600 for each child under the age of 6 in the tax year 2021 under the new rules....
United States Anastasia Shuraeva Garrett Watson Treasury Department Tax Foundation American Rescue Plan Act
Source: parentherald.com