What Is the Credit for Other Dependents? Blog 06/01/2022 The credit for other dependents is a tax credit available to taxpayers for each of their qualifying dependents who can... Read More
What is IRS Letter 6419? Blog 02/02/2022 Taxpayers should have started receiving IRS Letter 6419, 2021 advance CTC, in January. The advance child tax credit paym... Read More
Eight Facts About the Adoption Credit Blog 02/02/2022 Taxpayers who adopted or started the adoption process in 2021 may qualify for the adoption credit. This credit can be ap... Read More
The 2022 Tax Filing Season: What You Need to Know Blog 02/02/2022 Monday, January 24, 2022, was the official start to this year’s tax season. By now, everyone should have received ... Read More
Important Tax Changes for Individuals and Businesses Blog 01/01/2022 Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From stan... Read More
Shared Custody and Advance Child Tax Credit Payments Blog 11/02/2021 Parents who share custody of their children may be confused about how the advance child tax credit payments are distribu... Read More
Opting Out of the Monthly Child Tax Credit Payment Blog 08/01/2021 Thanks to the advance payments of the Child Tax Credit, approximately 60 million children received $15 billion in July, ... Read More
Key Tax Changes Could Affect Your Tax Situation in 2021 Blog 08/01/2021 Key tax provisions in the American Rescue Plan Act of 2021 could affect your tax situation. Here’s what you need t... Read More
Advance Child Tax Credit Payments Start This Month Blog 07/02/2021 The Internal Revenue Service has started sending letters to more than 36 million American families who, based on tax ret... Read More
Payment for Refundable Child Tax Credit Starts July 15 Blog 06/01/2021 The first monthly payment of the expanded and newly-advanceable Child Tax Credit (CTC) from the American Rescue Plan wil... Read More