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Census Bureau: Child Tax Credit Alleviating Family Hardship
Tuesday, August 17, 2021 - 12:40pm | 426Although the program has only been in place for a month, Americans are already experiencing the benefits of the Child Tax Credit. Part of the American Rescue Plan, the program has alleviated a lot of stress with the distribution of the first round of checks, according to a new survey by the U.S....
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Who Benefits From The Expanded Child Tax Credit?
Tuesday, August 3, 2021 - 4:55pm | 413An important part of the 2021 American Rescue Plan: the Child Tax Credit. Bipartisan approval enabled the credit’s expansion, meaning that as of July 15 nearly 60 million children in 39 million households were receiving benefits of $3,000 per child per month, and up to $3,600 for...
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COVID Relief Bill Could Trigger Larger Tax Bills For Gig Workers
Thursday, March 11, 2021 - 2:46pm | 1219Gig workers and third-party sellers on e-commerce platforms such as Etsy, Inc. (NASDAQ: ETSY), Walmart Marketplace (NYSE: WMT) and even Amazon (NASDAQ: AMZN) could find themselves with tax issues in 2022 thanks to a change in Internal Revenue Service tax codes contained within the American Rescue...