IRS 2021 Filing Season FAQs Now Available
The Internal Revenue Service has posted a new flock of frequently asked questions (FAQs), all aimed at answering taxpayer questions about the 2021 Child Tax Credit.…
IRS Wants Taxpayers to Save ACTC and EIP Letters
If taxpayers get a letter from the Internal Revenue Service relating to either the Advance Child Tax Credit or Economic Impact Payments, they need to file the letters for safekeeping.…
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IRS Issues ACTC Deadline Reminder
The Internal Revenue Service is making a pitch about the Advance Child Tax Credit payments that smacks of the spiel for sale pricing from used car dealers: “When it’s gone, it’s gone!”…
Families Can Still Get the Advance Child Tax Credit
Millions of American families have been taking advantage of the advance payments of the Child Tax Credit, but the Internal Revenue Service stresses there’s still time left to sign up for the remaining payments.…
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Advance Child Tax Credit for "Non-Traditional Families"
The Internal Revenue Service this week told "non-traditional families" that they could also qualify for advance payments of the Child Tax Credit.…
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Custody and the Advance Child Tax Credit
Millions of families have been receiving monthly advance payments of the Child Tax Credit. Provided by the American Rescue Plan that was passed earlier this year, these payments have been going to eligible households since July.…
Change Address on Child Tax Credit Update Portal
A new feature just added to the IRS’ Child Tax Credit Update Portal allows users receiving the advance credit payments to change their mailing addresses.…
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IRS Announces August Child Tax Credit Payments Now Being Issued
The Internal Revenue Service says millions of families across the U.S. should see their advance payment of the Child Tax Credit (CTC) in their bank accounts or mailboxes any day now.…
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Taxpayers Now Receiving the Advance Child Tax Credit Payments
After a dismal winter made darker by the COVID-19 pandemic, millions of American families are getting a little sunnier disposition thanks to advance payments of the Child Tax Credit.…
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Update Bank Info for Advance Child Tax Credit Payments on IRS.gov
Monthly Advance Child Tax Credit payments are set to begin in two weeks. While it’s too late to change the bank account that will receive the July 15 payment, qualifying taxpayers can now use a tool on IRS.gov to update their information before the August payment is issued.…
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