Child Tax Credit Advanced Payments

In March 2021, the American Rescue Plan expanded the Sec. 24 Child Tax Credit in several ways. The amount of the credit was increased from $2,000 per child to $3,000 ($3,600 for children under 6 as of 12/31/2021) and the qualifying age was raised to children under 18 years old as of 12/31/2021. The increased […]