Add to ORKGThe American Rescue Plan, signed into law on March 11, 2021, contained $1.9 trillion of relief for taxpayers (Segers, 2021). The new law, with several retroactive 2020 tax return items, passed in the middle of filing season. Tax preparers scrambled to quickly understand how to process the remaining tax returns and how to handle the millions of already filed tax returns. Tax professionals and individuals seem to now have a handle on the changes that were retroactive, but the 2021 expanded Child Tax Credit and its advance payments are still causing much confusion among individual taxpayers. Tax preparers need to be able to explain this credit to their clients
The earned income tax credit (EITC), established in the tax code in 1975, offers cash aid to working...
Bob Williams for helpful comments. Views expressed should not be attributed to the Urban Institute, ...
The child tax credit and working tax credit were introduced in April 2003. When fully operational, t...
This report discusses the child tax credit was initially enacted as part of the Taxpayer Relief Act ...
A letter report issued by the General Accounting Office with an abstract that begins "The Jobs and G...
The American Rescue Plan Act (ARPA) of 2021 significantly expands the Child Tax Credit (CTC), increa...
The analysis shows that more than 500,000 rural families, or almost 9 percent of rural families, wil...
The article focuses on developments affecting individual taxation in the U.S. It says that the Small...
The 2021 temporary expansion of the Child Tax Credit (CTC) is unprecedented in its reach and is pred...
This report uses state tax and safety-net enrollment data from tax year (TY) 2019 to simulate the im...
Describes the dependent exemption, child tax credit, earned income tax credit, child and dependent c...
The child and dependent care tax credit (CDCTC) is a nonrefundable tax credit designed to help offse...
In this brief, Authors Beth Mattingly and Elizabeth Kneebone use Internal Revenue Service tax filing...
In this dissertation I examine the Child Tax Credit (CTC), who gets it and who doesn't, paying parti...
You may be able to take credits of up to $1,000 for each qualifying child. But you must reduce your ...
The earned income tax credit (EITC), established in the tax code in 1975, offers cash aid to working...
Bob Williams for helpful comments. Views expressed should not be attributed to the Urban Institute, ...
The child tax credit and working tax credit were introduced in April 2003. When fully operational, t...
This report discusses the child tax credit was initially enacted as part of the Taxpayer Relief Act ...
A letter report issued by the General Accounting Office with an abstract that begins "The Jobs and G...
The American Rescue Plan Act (ARPA) of 2021 significantly expands the Child Tax Credit (CTC), increa...
The analysis shows that more than 500,000 rural families, or almost 9 percent of rural families, wil...
The article focuses on developments affecting individual taxation in the U.S. It says that the Small...
The 2021 temporary expansion of the Child Tax Credit (CTC) is unprecedented in its reach and is pred...
This report uses state tax and safety-net enrollment data from tax year (TY) 2019 to simulate the im...
Describes the dependent exemption, child tax credit, earned income tax credit, child and dependent c...
The child and dependent care tax credit (CDCTC) is a nonrefundable tax credit designed to help offse...
In this brief, Authors Beth Mattingly and Elizabeth Kneebone use Internal Revenue Service tax filing...
In this dissertation I examine the Child Tax Credit (CTC), who gets it and who doesn't, paying parti...
You may be able to take credits of up to $1,000 for each qualifying child. But you must reduce your ...
The earned income tax credit (EITC), established in the tax code in 1975, offers cash aid to working...
Bob Williams for helpful comments. Views expressed should not be attributed to the Urban Institute, ...
The child tax credit and working tax credit were introduced in April 2003. When fully operational, t...